So, You Want To Buy An Ipo, Eh?

Selling shares of stock to the public through an Initial Public Offering (IPO) is a tried and true way for a company to raise money by expanding its ownership base. Going public involves many steps, several entities and considerable expenses. (For a good explanation of the process read Guide to going public in Canada: EY https://www.ey.com/Publication/vwLUAssets/EY-Guide-to-going-public-in-Canada/$FILE/EY-Guide-to-going-public-in-Canada.pdf ). In a best efforts underwriting, the...