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US: GM confirms IPO size increase

GM has confirmed that the proposed size of its offering of common stock in the IPO has been increased to 478 million shares, from the 365 million indicated previously. The new total excludes the amount that the underwriters have the option to purchase to cover overallotments, if any. The increase in Subscribe to Automotive World … Continued

GM has confirmed that the proposed size of its offering of common stock in the IPO has been increased to 478 million shares, from the 365 million indicated previously. The new total excludes the amount that the underwriters have the option to purchase to cover overallotments, if any.

The increase in

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https://www.automotiveworld.com/articles/84703-us-gm-ipo-size-set-to-increase/

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