Most smaller firms that are engaging in an initial public offering (offering $100 million) choose an investment banker by

Question

Most smaller firms that are engaging in an initial public offering (offering  $100 million) choose an investment banker by

Quizplus · Accepted Answer

Looking at the total package of services being offered and choosing the one that best meets its needs is the best option because it ensures that the firm selects an investment banker who can provide comprehensive support for their IPO, rather than just focusing on price or prestige. A firm should consider factors such as the banker's experience with similar offerings, their distribution network, their research and analytical capabilities, and their ability to provide guidance on regulatory compliance and other issues. Smaller firms engaging in an IPO should consider the total package of services offered by investment banks rather than just choosing the lowest bidder or the largest investment banking house. It is important to choose the investment banker that best meets the firm's needs and can provide valuable services beyond just underwriting the IPO.

Most Smaller Firms That Are Engaging in an Initial Public