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Better stop short than fill to the brim. Oversharpen the blade, and the edge will soon blunt. Amass a store of gold and jade, and no one can protect it. Claim wealth and titles, and disaster will follow. Retire when the work is done. This is the way of heaven.
The offering price is the per-share value at which publicly issued securities are made available for purchase by the investment bank during an initial public offering (IPO). Underwriters analyze numerous factors when attempting to determine the ideal price for a security’s offering. The underwriter’s fee and any management fees applicable to the issue are typically included in the price.