sinovels Chapter 404: Listing And Refinancing, 10.5 Billion Meters In Gold!
Chapter 404: Listing And Refinancing, 10.5 Billion Meters In Gold!
Future Group has launched its first financing since its listing, and the shareholders behind the company are very happy.
Why?
Look at the end of last year, the stock price of Future Group has been falling, falling below the opening price and even the issue price. The outside world once thought that Future Group was going to collapse.
But looking back, in more than half a year, the stock price of Future Group has fallen below the issue price, and now it has risen to 190 meters gold, and the stock price has tripled.
Investment banks such as Goldman Sachs and Morgan used to buy bargain-basement bargaining chips at floor prices. Now, they have made three times the profit, which can be said to be a blessing.
As for the leeks that were used to cut the meat, now looking at the stock price of Future Group, Lao Han's legs are almost broken.
If I had insisted on not cutting my flesh, now, not to mention achieving financial freedom, I would definitely be able to live a well-off life happily.
If you are brave enough to sell a house, a car, or a wife at that time, you will definitely have freedom of wealth.
It can only be said that giving the leeks the opportunity to buy the bottom is useless.
The investment banks on Wall Street are very optimistic about the future development of the group.
so.
After receiving the email from Future Group, the major shareholders flew to Sioux City from their locations.
November 7th is the weekend.
Future Group held a shareholders' meeting today, and all the company's major shareholders came to Su City.
This shareholders' meeting will focus on one thing, and that is to vote on the next financing action.
Regarding this public fundraising, the major shareholders have no problem.
Because before going public, Lu Yi stated that after the IPO, the company would raise funds publicly two or three times.
They have been waiting for Lu Yi to launch its first financing after listing.
At around two o'clock in the afternoon that day, Lu Yi and all the shareholders present voted on the capital increase and share expansion, raising 10.5 billion yuan.
The result was obviously no accidents, it was 100% just a matter of going through the process.
This round of financing was raised publicly in the form of additional issuance, and the Group will transfer 6.8% of its equity in the future.
Although the amount of financing this time exceeded the 7.2 billion gold raised at the time of the IPO, because the company's stock price tripled compared with the time of the IPO, only 61.77 million additional shares were issued, and the proportion of equity transferred in the financing was only 6.8%.
And with this huge sum of money, it means that the group's cash flow will expand to a terrifying amount of 15 billion meters in the future.
With this 15 billion meters of gold, Future Group will have a ballast stone to face the coming financial crisis.
Of course.
After completing this round of financing, the shares of Future Group's stock-holding executives and several founders were also relatively diluted.
Lu Yi's shareholding has dropped from 32.5% to 30.29%, and he is still the largest shareholder of the group!
After the shareholders' meeting, where the financing was confirmed, Lu Yi held a closed-door meeting with the heads of several major investment banks to discuss the issue of underwriters.
"Mr. Lu, I'm curious, why have you repeatedly refused to cooperate with Lehman Investment Bank?" Paul Watson of Goldman Sachs asked in the conference room.
At the time of the IPO, Lu Niu rejected Fortune Investment Bank.
If Lu Yi agreed to join Lehman Investment Bank at that time, the sponsor lineup would be truly unsurpassed, because the five top investment banks on Wall Street are all sponsors of Future Group.
In this round of financing, the head of Lehman Investment Bank once again came with full sincerity, but was once again rejected.
Lehman Investment Bank was so messed up that it made the person in charge of Lehman Investment Bank so angry that he was almost half dead.
Why?
Of the five top investment banks on Wall Street, the other four can take advantage of each other, but Lehman Investment Bank is excluded?
What does this mean?
Could it be that in your eyes, Lu Yi, Lehman Investment Bank is inferior to the other four investment banks?
Facing Paul's inquiry, Lu Yi said calmly: "Lehman Investment Bank's financial leverage is too high and the risk is too great.
After hearing this, Paul Watson and the others looked at each other.
What reason is this?
Even though the financial leverage of Lehman Investment Bank is very high, it has nothing to do with your Future Group, right?
How did they know that if Lehman Investment Bank came in and Lehman Investment Bank was brought back to life, wouldn't it mean that Lehman Investment Bank, the fuse that ignited the subprime mortgage crisis, would be missing?
Then how can he go to North America to harvest wealth?
Although the reasons given by Lu Yi for rejection made Paul and others feel a little ridiculous, Lu Yi's attitude was very firm and they would not ruin this financing for Lehman Investment Bank.
Say it again.
Without the participation of Lehman Investment Bank, their share of the profit pie will be larger.
"Everyone, instead of talking about Lehman, let's talk about the issue of underwriters." Lu Yi said, changing the subject.
Each of these people is more sophisticated than the last, and it is rumored that the subprime mortgage crisis was caused by these blood-sucking predators. If he talks too much, these predators will be alert and will not give him a chance to harvest.
Wouldn't it be a big loss?
...Please give me flowers...
The underwriters of this financing are Goldman Sachs, Morgan, Merrill Lynch, Citigroup and Deutsche Bank.
At the same time, several major investment banks are still actively operating and preparing to include Future Group in the S&P index next year.
Once Future Group is included, many funds will purchase Future Group's shares in accordance with the proportion indicated by the S&P 500 Index. This is definitely a major benefit and can stimulate the stock price to rise by more than ten or twenty points.
And with the Future Group's size exceeding 100 billion meters of gold, the benefits here are not ordinary.
To this.
Lu Yi is naturally very welcome.
He even said that if the group can be included in the S&P index next year, the company will immediately carry out financing after the second listing.
To this.
The heads of several major investment banks nodded with satisfaction.
at the same time.
Zhongdu, Jingdongfang.
Liu Xiaodong finally completed the handover of the work at hand and could lead the team to Sioux City to contact Blue Star Electronics.
On November 8, Liu Xiaodong led the team to Sioux City.
Blue Star Electronics also sent people to the airport early to pick them up.
Liu Xiaodong put down the salute and met Lu Yi directly at Blue Star Electronics without taking a break.
Blue Star Electronics, reception room.
Liu Xiaodong said with a smile: "Haha, Director Lu, I have admired his name for a long time, and when I saw him today, he was indeed a hero from a young age."
"It's just a fluke." Lu Yi said modestly.
The two exchanged a few words and then got down to business.
"Director Lu, it is very difficult for us in Beijing and Dongfang right now. Facing the pressure from companies from Bangzi countries, island countries and treasure islands, it can be said that we are struggling."
"This time, Director Lu shouted to us from a distance on Weibo and invited us at Jingdong to come to Sioux City to build a factory. To be honest, everyone at Jingdong was surprised.
Liu Xiaodong said.
This is true.
Because the news was so sudden, they had never thought about it before.
Lu Yi smiled and said: "The reason why I invited Jingdong to come to Sioux City to build a factory is, firstly, because I believe that Jingdong has the strength to survive this cold winter, and secondly, because I don't want to leave my destiny in the hands of others, so , I hope that Jingdongfang can become a potential supplier of our Blue Star Electronics, so that when emergencies occur, we can be there anytime and anywhere.
. "Come
Lu Yi didn't hide his righteousness when he spoke. .