Chapter 155：

大家 [Everyone remember to pay more monthly tickets, and monthly tickets have also been changed. Later, I will first clear out the updates owed by rewards, and then I will be exploded. Monthly tickets ~~~]

——

In the past ten days, Luo Sheng and his team members have crossed the three continents of Asia, the United States, and Europe. The journey can be made around the earth several times. Almost half of the time, they fly in the sky, one city per day.

At this moment, fly to a special plane in New York.

"I think everyone is very excited. The management has shown a good style in this roadshow tour of the listing. It has done an excellent job in this World Global Roadshow. Investors all over the world have seen that this is a young and Visionary management team. "

Luo Luosheng said to everyone with a smile, everyone is really excited now, because the last moment has entered the countdown.

Bluestar Technology Group's IPO is imminent.

Aileen Xiaoyingying said: "This global roadshow, after data auditing statistics, we received more than 2,800 investment institutions, more than 120 billion US dollars of active subscription."

Everyone was surprised when they heard it, that is to say, Bluestar Technology decided to raise 5.6 billion in financing this time, even more than 21 times its capital was fiercely competing.

Even though the company was known to be good before the roadshow, it far exceeded everyone's expectations.

Some companies' IPO roadshows are almost unheeded.

The road show of Blue Star Technology Group was obviously popular and it didn't worry about selling.

Of this 120 billion US dollars of capital, it means that 114.1 billion US dollars of capital will not be able to get this subscription and will accompany it.

The competition can be said to be quite fierce.

Management undoubtedly once again admired Luo Sheng's vision. It was he who initially decided to use the bidding method for IPO financing and split it into three financings. In this way, it can achieve financing purposes and reduce equity dilution as much as possible.

Such a enthusiastic subscription grand event, in addition to Blue Star Technology Group's extremely promising prospects, this roadshow also played a very important role. Luo Sheng's speeches this time will undoubtedly make more investors interested in Blue Star Technology Group , The investors who were originally concerned are more determined.

I have no one.

Luo Sheng's blueprint for everyone is too attractive. Although it seems to be drawing a big cake, the problem is that based on the current performance of Blue Star Technology Group, there is a high probability that Luo Sheng will draw The pie became a real pie.

Therefore, there is no shortage of investment institutions to pay for them, and they are all in demand.

Uh ...

The special plane landed steadily at the New York International Airport. Luo Sheng and his core team have been running continuously for more than ten days, and can have a full day of rest 2 days before the listing transaction.

24 hours passed in a flash.

On 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 around 10:00 on the same day, Luo Sheng and others entered the conference room of a luxurious building on Manhattan Island.

At this moment, the major securities underwriters have arrived. The meeting room is medium in size. At present, dozens of people are gathered, mostly in suits, leather suits and ties, and ladies are OL dresses.

The people sitting in this room are basically top-tier capital institutions on Wall Street. .

These are all big names on Wall Street and in the capital investment world.

In addition, Xu Chenghua, who represented Teng Xun and the second largest shareholder of Bluestar Technology Group, was also present, as was the representative of Huajin Securities.

"Mr. Luo Sheng, everyone, please sit here."

A formal-dressed staff member, Luo Sheng and others entered the meeting room and greeted him immediately. He made a polite gesture to guide everyone to the seat.

Luo Luosheng and others also each took their seats.

At this time, Henry Paulson, the head of Goldman Sachs Group, said immediately: "I represent the joint underwriter, Mr. Luo, and there are less than 30 hours left before the listing transaction time. The pricing per share should be announced. It's time to come out. "

No doubt, Goldman Sachs Capital has been one of the high-profile VCs since its investment in Blue Star Technology Group.

Luo Sheng laughed: "Of course, after our internal discussions, we decided to subscribe for Blue Star's stock price at a minimum of $ 37 per share and a maximum of $ 47, and the maximum investment amount of a single investment institution is $ 500 million . "

As soon as everyone heard it, no one answered immediately, but thought in their hearts.

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

New shares are issued at auction, and subscribers can purchase at a price that they can accept.

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

As soon as this remark came out, the heads of the investment agency representatives in the audience made a mistake, and after reacting, the major securities investment banks suddenly rolled their eyes.

What is drunk?

I'm really drunk now.

This **** is direct, with a minimum price of $ 37 per share. He is better, and directly raised the price to $ 47.

When you come across this kind of thing, it will blindly raise the stock price ... How can you bear it?

怎么 How is this fun?

Lao Sun does not beep with you, SoftBank first eats his share and then talks.

Next, other investment institutions are also bidding.

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

"Subscribe for $ 500 million for $ 44 per share."

"Subscribe for $ 500 million at $ 45 per share."

The major investment institutions have made a blush and a thick neck, and joking, this kind of potential stocks are innocent.

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

But one yard is one yard.

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

Luo Luosheng will never doubt that if he releases the maximum investment amount of a single investment institution to reach 1 billion U.S. dollars, he will be raised to the highest level.

I have no one.

The original stocks of Blue Star Technology Group, how much you dare to buy now, they dare to eat as much as you like.

One thing that can be confirmed for this IPO is that Luo Sheng hopes to raise US $ 5.6 billion, and the only uncertainty is how much equity can be reduced by raising US $ 5.6 billion.

Now it can be said that it is a stage of division within the primary market, but it is still a situation where there are too many monks and less meat. If you can't get low prices, you can't get them.

Ultimately, the price per share is $ 47.

The major underwriters are helpless. If I knew this, it would be better to directly determine the issue price at 47 dollars. Everyone scolded Sun Zhengyi in his heart. If he didn't raise the stock price when he came up, he would definitely be able to eat more shares.

However, there is a big difference for Luo Sheng. He determined that the issue price and the subscribers' own bids are completely two concepts.

It is worth mentioning that the final issue price was determined to be US $ 47 per share because this price can meet the maximum transaction volume of all purchasers, so US $ 47 became the final issue price.

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

The higher the price, the better.

The Bluestar Technology Group IPO has over 2,800 institutional account subscriptions ~ www.novelhall.com ~ the subscription amount exceeds 120 billion U.S. dollars, which is 21 times oversubscription.

The specific placement is the leading role of the underwriter. The final placement situation is that the shares allocated to the top 30 large institutional customers account for 50% of the placing shares. At the same time, a strong contrast is that 80% of the subscription accounts are zero. Get matched.

That is to say, in this time more than 2,800 institutional accounts expressed subscriptions, but in the end there were 2,240 institutional accounts directly escorted, and no one was found in the primary market.

This led to the obvious "two eight phenomenon".

I was very angry.

But there is no way, the stock of Bluestar Technology Group is now the rhythm of investment institutions all over the world.

Of the 560 subscription accounts allocated, 30 large institutions were allocated 50%, and the remaining 50% were divided by another 530 small and medium institutions. Obviously, there is not much ratio of individual institutions, not to mention this is not even. By the way, the "two-eighth phenomenon" here is also obvious.

Generally speaking, in order to consider the stability of stock prices, in the US market IPO, 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, so the "Eight and Eighth Phenomenon" is bound to result Eye-catching.

Uh ...

Https: //

The genius remembers the site address for one second :. Mobile website reading URL: