Chapter 1488: The Largest Financing in History (3)
The cumbersome introduction to the IPO of Blueberry Group is not complicated in Han Xuan's eyes, similar to its company's pre-listing planning report, which has been seen many times.
On August 1st, Blueberry Group will officially land on the NASDAQ Stock Exchange, Han Xuan himself is also a little nervous, because this IPO will be the largest in history, Goldman Sachs Group analysts expect that the market value of Blueberry Group at the time of the IPO is likely to exceed 150 billion US dollars!
The numbers are staggering, but given the profitability of several of the group's projects, it is not excessive, and in the eyes of some, it seems to be a little lower.
You must know that 41 percent of the world's mobile phone market, 77 percent of the MP3 music player market, and 4.6 percent of the PC laptop market are now occupied by Blueberry Group.
Add in a large number of important technology patents that can continuously generate profits for the company, as well as the potential value of Blueberry Group - brands, the market value cannot only reach 14 times the total annual profit, Morgan Stanley analysts are more bold than Goldman Sachs, giving a projected market value of between $180 billion and $200 billion.
Han Xuan couldn't help but smile at the corners of his mouth when he saw the information on the relevant parties from the document.
In his opinion, these analysts still underestimate the actual value of Blueberry Group, or underestimate investors' confidence in the company, and for the first time in history, there is such a large IPO, and they do not have enough experience to accurately refer to the analysis, so they choose a relatively safe way to predict it.
The market value estimates given by various well-known investment banks are different, but no matter which one they are, the advice to investors is all "recommended to hold".
These professional investment banks are usually cautious, but this time, no matter what the considerations, they can't see the possibility of Blueberry Group's IPO failure......
Going public in the U.S. is not a simple matter.
It is necessary to choose an intermediary agency, to choose a listing location, to choose the right time, to reorganize and rectify the enterprise, and to set a price range, these things are enough to keep the boss of a company busy.
There are investment banks in the United States that specialize in helping companies go public, and Han Xuan has approached them before, and paid a lot of money for this, and now East West Bank also has a department in charge of this business, but if you want to list the giant Blueberry Group and want to achieve ideal results, it will be very difficult for East West Bank to complete it.
This has long been considered, so at the annual meeting of Snow Mountain Group last year, Han Xuan extended an olive branch to those capable investment banks, asking them to assist East West Bank and jointly take charge of the IPO.
In addition to East West Bank, there are three other companies involved, all of whom are his old acquaintances, namely Citigroup, Goldman Sachs and Morgan Stanley, the business of these three old companies is enough to cover all parts of the world.
Before going public, they are responsible for analyzing the industry and the company to determine whether investors are in demand for the stock, as well as formulating the issuance structure, evaluating the company's value, and developing a promotion plan to recommend the stock to investors.
They were responsible for presiding over the entire transaction and organized a team of professional advisors for Han Xuan to ensure that all business objectives were achieved and the IPO was successfully completed, but unfortunately they were not used in the end, and those people became the advisory team of Anthony Executives.
This time, the listing of Blueberry Group is very important, Han Xuan can be busy and lazy, and someone must be responsible for wiping his ass for those things that he has left behind, and Executive Anthony has become the best candidate very sadly.
In the past half a month, he has been to more than 10 countries, busy preparing for the listing, holding what the industry calls the pre-listing "roadshow", mainly to communicate with investors and recommend stocks, during which there are always busy things.
In addition, matters such as the upcoming shareholders' meeting, the board of directors, the board of supervisors, independent directors, and the secretary of the board of directors must also be put on the agenda to start preparations, and these matters are all entrusted to Han Xuan's private secretariat.
The secretaries and assistants who stayed at the headquarters of the Snow Mountain Group usually did not work more easily than Secretary Dawson, and they could even be said to be more tired.
Secretary Dawson is undoubtedly the object of their envy, thinking that he walks around with the small boss all day long, and the salary and bonuses are particularly high......
One of the reasons why many people regard Han Xuan as the spokesperson of the company, that is, the existence of a "mascot", rather than a practical entrepreneur, is because he is too lazy.
A media investigation unexpectedly found that he had only visited the company's headquarters four times in the whole of last year, spending most of his time on travel and leisure, which is almost impossible to happen in other companies.
Han Xuan is really lazy, he leaves everything to his subordinates to complete, if there is no special urgency, he doesn't even bother to call them, he has been preparing for listing since last year, and until now there is still a few days to hold an IPO, he seems to have just remembered and paid attention to the progress of this matter.
At the end of April this year, Han Xuan signed an authorization document.
The executive officer filed the prospectus with the U.S. Securities and Exchange Commission on his behalf, seeking to issue approximately 45 percent of BlueBerry's shares, which would be about $60 billion at the estimated price at the time.
Originally, it could be officially listed in early June, but due to the launch of the "N" series of mobile phones, it has achieved an unexpectedly hot response, which has made Blueberry Group further establish its dominant position in the mobile phone sales market.
Half a month ago, Anthony Executive held the first "roadshow" for the listing of Blueberry Group, which was set at the Waldorf Astoria Hotel in New York.
It was expected that about a thousand investors would attend, but in the end the number of participants reached more than 1,700 people, and there were not enough places, and many people stood there and were even squeezed into the outer hall of the conference room.
The CEO of Sequoia Capital admitted that he had been doing business in the financial industry for most of his life, and he had seen a lot of IPO battles, but he was still shocked by Blueberry Group.
The main information is written in detail, and most of the news that Han Xuan wanted to know before is recorded in it.
The person in charge of the New York branch is not very powerful, and I came to them today just to deepen the communication between my superiors and subordinates, and after a brief chat, I learned about some unimportant situations, and then let them go about their own affairs.
The largest listing and financing in human history is about to be staged on the NASDAQ stock exchange, and he is not in a hurry to be the boss, but investors, investment institutions and media are about to go crazy, and it is conceivable that this IPO will be a huge capital feast to divide the cake.
It rained that night, so I couldn't go to the roof of the Spiral Building, so I had a hearty dinner at the Trump's house, and then drove around to see the company's apartment building with him.
Over the next few days, he and Anya went on vacation to Coney Island Playground and visited the printing house, and just like that, they were soon on August 1st...