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
In Crashfund LLC v. FaZe Clan, investors in Wanderset Inc. sued successor e-gaming company, FaZe Cla...
Read More >
The global communications firm Edelman published their annual Edelman Trust Barometer in January. As...
Read More >
Activism affects virtually everyone now—even those who may never have to deal with an activist - I...
Read More >
In Rittinger v. Healthy Alliance Life Ins. Co., 914 F.3d 952 (5th Cir. Jan. 31, 2019), and Roebuck v...
Read More >
Continuing its trend of pro-employer rulings, the National Labor Relations Board (NLRB) ruled that i...
Read More >
On January 3, 2020, Axon Enterprises Inc. filed a complaint against the Federal Trade Commission in ...
Read More >