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Insmed Incorporated Message Board

  • insmhistorian insmhistorian Aug 10, 2013 2:20 PM Flag

    Question on $10.40/9.776

    Below is the information on the last share offering. Question.....is a 6% charge for "underwriting discounts and commissions" unreasonable....OR.....is it pretty much the industry standard?

    Thanks

    Public offering price
    $ 10.400 $ 62,400,000

    Underwriting discounts and commissions
    $ 0.624 $ 3,744,000


    Proceeds, before expenses, to us
    $ 9.776 $ 58,656,000

 
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