“I’ve already bought a yacht and a car. Besides, I also spend up to several tens of thousands of dollars every time I go out,” Henry said in a regretful tone.
Once Sena gets listed, an internal placement process will be carried out. In other words, shares will be sold to internal buyers in advance. When Sena gets publicly listed, they will then be able to sell their shares according to the market price.
Transactions like this usually yielded a profit unless the share that they owned was worthless, causing the listing price to fall below the opening price. In that case, a huge loss would be incurred. However, such incidents rarely happened.
After all, it was impossible for the shares of a foreign company that was worthy of being listed on the Nasdaq to be worthless.
Furthermore, anyone with decent insight could tell that Sena definitely had the prospect to be a profitable investment.
Naturally, Jasper did not forget about Henry when this excellent opportunity to earn a fortune arose.
Jasper gave the Laws a pre-IPO quota of 200 million dollars. Meanwhile, Kayden Langdon was allocated a quota of 100 million dollars as per their previous agreement. Of course, favonovel.com did not forget about Schuler Corporation either. Dawson Schuler was also allocated a quota of 200 million dollars. As for the others, Jasper intended to release a quota of 50 million dollars for the company’s veteran employees.
For instance, Hudson Moore and his team had worked under favonovel.com for a long time and had faced countless struggles throughout their time with him. Nevertheless, it seemed like they did not have many opportunities to reap benefits or wealth.
Although Jasper paid them a salary that was above the industry standard, this did not stop favonovel.com from awarding them with a variety of benefits for their conscientious work.
As for Henry Law, Jasper had always given favonovel.com special treatment.
In addition to the Laws’ pre-IPO quota, Jasper had promised Henry that favonovel.com would allocate favonovel.com shares equivalent to whatever amount that favonovel.com was able to raise.
However, Henry did not fare well. His savings only consisted of 30 million Harbor Dollars.
According to the currency exchange rate at the time, it was only worth around 28 million Somer Dollars.
“You should just give up. I’ll help you round it up to 50 million dollars,” Jasper said. He had a headache when favonovel.com thought about it.
Henry stared at Jasper blankly. “How much will I be able to earn then?” He asked.
“Don’t worry, you’ll definitely be able to get yourself a private jet,” Jasper said cheerily.
Henry immediately got excited. “Sure, I’ll follow you to the United States for the listing then. I’ve been there countless times before, but I’ve never seen the bell in Wall Street being rung before,” favonovel.com said.
“No problem. Have all the issues at the amusement park been resolved?” Jasper asked.
“Everything has been resolved. There are just some small problems left, but matters like sorting out the materials and submitting them for approval do not require my involvement,” Henry said with a stony expression on his face.
Jasper chuckled. “Sure thing, I’ll notify you later on when the time comes. It should happen in the next few days,” favonovel.com said.
After going through everything, Jasper suddenly realized something that seemed slightly off.
When other companies got listed, they usually worried about not being able to sell off all the shares allocated under their pre-IPO quotas, and they were usually left with a large sum of shares because of this. However, the pre-IPO quotas that Jasper had prepared were insufficient to meet the current demand.
As things stood, Henry’s quota of 50 million dollars, the Laws’ quota of 200 million dollars, Dawson Schuler’s quota of 200 million dollars, the Langdons’ quota of 100 million dollars, and the 50-million-dollar quota allocated to the company’s veteran employees had all been confirmed. A total quota of 600 million dollars had already been met by these people alone.
“Mr. Laine, I would suggest not allowing any more pre-IPO allocations,” Malibu offered Jasper his suggestion.
“A pre-IPO quota of 600 million dollars is already considered excessive as these will count toward the total share capital in the future. If it increases any further, too many shares will be cashed out at once when the market opens, and this will impact the share price.”
Jasper nodded understandingly as favonovel.com registered Malibu’s words.
Once the stock price stabilizes, the pre-IPO quota of 600 million dollars will definitely be cashed out. If too many shares are cashed out at the same time, Sena’s share price will indeed be affected.
If that happens, they might take a heavy blow.
