0 million, after deducting underwriting commissions
and discounts and other expenses related to the Offering.
00 per share for total gross proceeds, before underwriting commissions
and offering expenses, of $25,200,000.
2m to the company after deducting underwriting commissions
Daiwa attributed the strong performance to an increase in underwriting commissions
as Japanese companies carried out public offerings of shares amid a recovery in stock prices during the three-month period.
The net proceeds to the company from the offering after deducting underwriting commissions
and discounts and offering expenses were approximately $387.
and other offering expenses will total about $117.
According to UQM, cash proceeds to the company, before deducting underwriting commissions
and expenses of the offering, will be $7.
Brokerage commissions in the half-year period sagged nearly 40 per cent from a year ago while underwriting commissions
slid 30 per cent, due mainly to the reduced number of firms that went public.
Other commissions also declined, partly because a decrease in public offerings slashed underwriting commissions
The net proceeds from the common stock offering were approximately $38 million, after deducting underwriting commissions
4 million (assuming no exercise of the underwriters' option to purchase additional ADSs), after deducting underwriting commissions
and estimated offering expenses.
The tally of underwriting commissions
and the commissions the brokerages charged in helping firms sell their stockholdings to investors soared 56 percent to 195.