Multiple Choice
You own 100 of the 15,000 outstanding shares of Delta Movers stock.The firm just announced that it will be issuing an additional 5,000 shares to the general public in a cash offer at $22 per share.What type of event are you participating in if you opt to purchase 100 of these additional shares?
A) Dutch auction
B) Seasoned equity offering
C) Private placement
D) IPO
E) Rights offer
Correct Answer:
Verified
Correct Answer:
Verified
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