[Everyone remember to vote for more monthly tickets, and monthly tickets are also updated. I will talk about it later. Now, let’s clear up the updates owed by the rewards. It will be exploded, monthly tickets~~~]

——

In the past ten or so days, Luo Sheng and his team members have crossed the three continents of Asia, America, and Europe. The trip can almost circle the earth several times, and almost half of the time is flying in the sky, one city every day.

At this moment, in the special plane to New York.

"I see that everyone is very excited. The management has shown a good demeanor in this listing roadshow, and has completed the world's global roadshow very well, allowing investors around the world to see that this is a young and successful company. Visionary management team."

Luo Sheng smiled and said to everyone, everyone is really excited now, because the countdown has entered the final moment.

The IPO of Bluestar Technology Group is imminent.

Irene said with a smile: "For this global roadshow, according to data audit statistics, we have received more than 2,800 investment institutions and more than 120 billion US dollars of active subscriptions."

When they heard it, everyone showed their amazed eyes, that is to say, Bluestar Technology decided to raise 5.6 billion this time, and there was a fierce competition for more than 21 times its capital.

Even if the roadshow knew the company was going to be good, it far exceeded everyone's expectations.

Some companies IPO roadshows, almost no one cares.

And the road show of Bluestar Technology Group is obviously a popular one, and there is no need to worry about selling it at all.

Among the capital of 120 billion US dollars, it means that there must be 114.4 billion US dollars of capital that cannot get this subscription and will accompany it.

The competition can be said to be quite fierce.

The management undoubtedly admires Luo Sheng's foresight again. It was he who decided to use the bidding method for IPO financing at the beginning and split it into three financings, so as to achieve the purpose of financing and reduce equity dilution as much as possible.

With such an active subscription, in addition to the great prospects of Bluestar Technology Group, this roadshow has also played a very important role. Luo Sheng's speeches have undoubtedly made more investors interested in Bluestar Technology Group. , investors who were originally concerned are more determined.

without him.

The blueprint for the future that Luo Sheng has drawn for everyone is really attractive. Although it looks like he is drawing a big pie, the problem is that judging from the current performance of Bluestar Technology Group, there is a high probability that Luo Sheng's drawing will be drawn. The pie becomes a real pie.

Therefore, there is no shortage of investment institutions that pay for it, and they all flock to it.

...

The special plane landed smoothly at New York International Airport. Luo Sheng and his core team have been running for more than ten consecutive days, and they can have a full day of rest two days before the listing.

24 hours go by in a flash.

The next day, March 9, Luo Sheng came to Manhattan Island, accompanied by Qin Weimu, Irene, Xu Yong, Zhang Bowen and other core management personnel.

At about 10:00 that morning, Luo Sheng and others entered the conference room of a luxury building on Manhattan Island.

At this moment, all major securities underwriters have been present, and the conference room is medium-sized. There are dozens of people, most of them in suits, leather shoes and ties.

Ladies are OL formal attire.

The people sitting in this room are basically top-level capital institutions on Wall Street. Sun Zhengyi, the head of Softbank, was present, as well as CEOs of investment banks such as Goldman Sachs, JP Morgan, Morgan Stanley, and Merrill Lynch. .

These people are all powerful figures in Wall Street and capital investment circles.

In addition, Xu Chenghua, representing Tengxun and the second largest shareholder of Bluestar Technology Group, was also present, as was the representative of Huajin Securities.

"Mr. Luo Sheng, everyone, please take a seat here."

After Luo Sheng and the others entered the conference room, a staff member in formal attire immediately stepped forward to greet them, and very politely made a gesture of invitation to guide everyone to their seats.

Luo Sheng and others also took their seats.

At this time, Henry Paulson, the current head of Goldman Sachs Group, immediately said: "I am representing the joint underwriter, Mr. Luo, there are less than 30 hours before the listing time, and the price per share should be announced. Time to come out."

There is no doubt that Goldman Sachs Capital has been one of the high-profile VCs since its investment in Bluestar Technology Group.

Luo Sheng said with a smile: "Of course, after our internal discussions, we decided to bid for Bluestar Technology's share price at a minimum of $37 per share and a maximum of $47, and a single investment institution's investment cap is $500 million. ."

When everyone heard it, no one responded immediately, but thought about it in their hearts.

The upper and lower limit per share set by Luo Sheng means that the amount of US$500 million can theoretically subscribe for a maximum of 13.5 million shares, a minimum of 10.63 million shares, or even less.

New shares are issued by auction, and subscribers can subscribe at a price they can accept.

After a while, Sun Zhengyi, who was present, immediately said: "SoftBank invested 500 million US dollars and subscribed at 47 US dollars per share."

As soon as these words came out, the representatives of the investment institutions in the audience were stunned for a while. After reacting, the major securities investment banks suddenly rolled their eyes wildly.

What is drunk?

Really drunk now.

This bastard was direct. The lowest price per share was $37. He was better, and he directly raised the price to $47.

When you encounter this kind of person who blindly bids up the stock price as soon as he comes up... How can you stand it?

How does this play?

Lao Sun won't beep with you, SoftBank will eat its own share first.

Other investment institutions followed suit.

"Subscription for $500 million at $41 per share."

"Subscription for $500 million at $44 per share."

"Subscription of $500 million at $45 per share."

Major investment institutions have earned a blushing neck and a thick neck. Just kidding, this kind of potential stock is a fool.

Although underwriters and investment institutions are very unhappy with Luo Sheng's bidding financing routine.

But one size fits all.

Even the bidding financing still made the capital institutions present frantically earn, and all the individual investment institutions raised the investment amount to a maximum of 500 million US dollars.

Luo Sheng will never doubt that if he opens up a single investment institution, the maximum investment amount can reach 1 billion US dollars, and he will also be raised to the highest.

without him.

As for the original shares of Bluestar Technology Group, they can eat as much as you dare to give out.

One thing that is certain about this IPO is that Luo Sheng hopes to raise 5.6 billion US dollars is certain to be achieved, the only uncertainty is how much less equity can be sold after raising 5.6 billion US dollars.

Now it can be said that it is a stage of carve-up within the primary market, but it is still a situation of more monks and less meat, and you can’t get it at a low price, so you can get less and pay a high price.

Ultimately, it was priced at $47 per share.

The major underwriters are very helpless. If they knew this, it would be better to directly confirm that the issue price is at 47 US dollars. Everyone cursed Sun Zhengyi in their hearts. If he didn't drive up the stock price as soon as he came up, he would definitely be able to eat more shares.

However, for Luo Sheng, there is a big difference. He determined that the issue price and the bidders themselves are completely two concepts.

It is worth mentioning that the final issue price of $47 per share is because this price can satisfy the largest trading volume of all applicants, so $47 becomes the final issue price.

All subscriptions above and equal to $47 can subscribe for new shares, while subscriptions below $47 cannot subscribe for one share.

The one with the higher price gets it.

More than 2,800 institutional accounts subscribed for Bluestar Technology Group's IPO, with a subscription amount of more than 120 billion US dollars, which was oversubscribed by as much as 21 times.

In the specific placement, the underwriters play a leading role. In the final placement, the shares allocated to the top 30 large institutional clients accounted for 50% of the placement shares. At the same time, in sharp contrast, 80% of the subscription accounts had zero shares. assigned.

That is to say, more than 2,800 institutional accounts expressed subscriptions this time, but in the end, 2,240 institutional accounts accompany them directly, and none of them were caught in the primary market.

This led to the "twenty-eight phenomenon" that was finally assigned to be very obvious.

very angry.

But there is no way, the stock of Bluestar Technology Group is now at a rhythm that investment institutions all over the world are frantically grabbing.

Among the 560 subscription accounts that were allocated, 30 large institutions were allocated 50%, and the remaining 50% was divided among the other 530 small and medium-sized institutions. Obviously, the allocation ratio for a single institution is not much, not to mention that this is not even Matching, the "twenty-eight phenomenon" here is also very obvious.

Generally speaking, in order to stabilize the stock price, in the IPO in the US market, investment banks and listed companies will give priority to meeting the needs of some long-term investment funds, and they will also take care of old customers, which will inevitably lead to the "two-eight phenomenon". eye-catching.

...

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