“As the only internet company that has managed to successfully rebrand itself and gain profits, what do you expect the shares for Sena to be priced at when it goes public?” Jasper asked.
However, Celine shook her head and said, “It’s too early to tell now. There are so many factors that would affect the share price.
“Of course, the most basic prerequisite would be the company’s competence and financial status.
“Next up would be how the company goes public. Colossal Investments will help you get in touch with a bunch of millionaires who make private placements before the share market opens. This will be a great plus for us when the news goes public.”
“I’m already doing that,” Jasper said as he gave Celine a meaningful smile.
“I’ve gotten in touch with the J. Langdons and the Law family in Harbor City. They’ve offered their full support.”
Jasper and Kayden had come up with that plan the last time they met.
News of multi-millionaire Half-the-Harbor Langdon making private placements in Sena would certainly benefit the company.
At first, Kayden had thought Jasper was only letting him make private placements so he would put in a good word for him at the trade settlement center. However, he had not expected Jasper to have more tricks up his sleeve.
They were merely harmless tricks, though.
Thus, Kayden had merely smiled and glossed over it after he learned about it.
Celine was surprised, but she did not probe for further details.
“Alright, it seems like Colossal Investments won’t be earning commissions from you, but that’s alright. Colossal Investments will take care of the entire listing process for Sena, including the promotional activities in America.
“How many shares are you willing to put up as shares outstanding?”
Shares that were bought, sold, and traded on the share market were known as shares outstanding. These shares would be diluted before a company went public.
As Sena’s only investor, Jasper had complete say in whether he wanted to put up 10% or 50%.
The higher the number of shares, the higher the number of stocks, and the lower the price per share. However, this had nothing to do with the company’s total market value after it was listed. Comment by Amber Lee: @[email protected]
Just like how both one one-hundred dollar bill and ten ten-dollar bills would both total to a hundred dollars.
Jasper had already thought about this, so he immediately answered, “32% shares.”
Celine frowned slightly as she said tentatively, “Companies usually issue at least 40% of their shares as shares outstanding if they want to be listed on the Nasdaq Composite…”
“Listing Sena publicly is just one part of my business strategy. It’s not the entirety of the plan.
“Besides…
“Only I can control Sena! And by that, I mean I will hold absolute control over the remaining 67%. I won’t allow anyone to become a shareholder or part of the board of directors and mock me!”
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