05Oct
IPO Underpricing & Behavioral Theories
In a law journal note titled “The Seller’s Curse and the Underwriter’s Pricing Pivot: A Behavioral Theory of IPO Pricing,” author Patrick Corrigan considers various theories advanced to explain IPO underpricing. Given that so many venture and private equity investors are finding alternatives to the traditional IPO model, whether through direct listings or SPACs, and pointing to IPO underpricing as one of the ways in which the traditional IPO model is “broken,” new academic theories are well...
By:
Mayer Brown Free Writings + Perspectives
Related
- The Hart-Scott-Rodino Antitrust Improvements Act of 1976 requires parties that meet certain transa...
Read More >
A federal district court in Texas referred to arbitration a 401(k) plan participant’s ERISA breach ...
Read More >
The IRS has announced the annual limits that will apply to qualified retirement plans in 2020....By:...
Read More >
There are numerous obstacles facing developers attempting to repurpose a golf course. It can be poli...
Read More >
Under the U.S. Sentencing Guidelines, the Board must exercise reasonable oversight on the effectiven...
Read More >
The Federal Trade Commission (FTC) announced on February 27 that it has filed an administrative comp...
Read More >