paid were USD 32 million (DKK 213 million).
The subordinated notes were sold at par, resulting in net proceeds of nearly USD148.6m, after underwriting commissions
and other related expenses.
Assuming an offer price of HK$0.60 per offer share, being the mid-point of the indicative offer price range, and deducting the underwriting commissions
and other expenses in connection with the Global Offering, the Group expects to raise net proceeds of approximately HK$105.0 million from the Global Offering if the Over-allotment Option is not exercised.
As a result of the exercise of this option, the company has raised total gross proceeds of approximately CDN 29.46m from the offering, before deducting the underwriting commissions
and offering expenses.
(OTCQX: AKOM) has announced it has sold a total of 5,124,706 shares common stock at USD 8.50 per share, or gross proceeds of USD 43,560,000 before expenses and underwriting commissions
in its ongoing public offering, the company said.
The price per share to be paid by the company is equal to the price paid by the underwriters in the offering, net of underwriting commissions
Finally, distribution channels are looking for ways to increase fee income through underwriting commissions
. All of these reasons are fueling a robust mergers and acquisitions market.
The net proceeds from the offering are expected to be approximately $20 million, before deducting underwriting commissions
and other estimated offering expenses.
Apart from higher revenue from treasury operations, the investment bank also reported significantly higher arranger fees, corporate advisory fees and 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 $387.4 million.