Suppose ACME Company raised $100 million of equity financing in an IPO by selling 20% of the company's stock (5 million shares) at an IPO price of $20 per share. Six months later, ACME stock wos trading at $25 per share. Which of the following statements is true? Multiple Choice None of the above. ACMES market value was $500 mition when is wen public ACMC ralsed an additional $25 milion of capital when the stock increased from $20 to 125 The initial exchange of cosh-for-shares between ACME and institutional invostoes was focilitated in the secondary market
