Respuesta :
The well-known, seasoned issuer xyz organization intends to grow its business. In stages, xyz will require additional funding for this expansion long will xyz have to issue further shares after a shelf offering before it must refile.
8,500,000 shares of XYZ will be the total number of shares outstanding.
The term "shares outstanding" refers to the total number of a business's shares that are held by its shareholders, institutional investors, and insiders, as well as its restricted shares, excluding the treasury shares that the company itself holds.
Following is what we can infer from the question: organization
7,000,000 shares were issued in the initial public offering.
Purchased Treasury Stock = 500,000
Shares sold prior to the offering's expiration date plus an additional 3 million shares equals 2,000,000.
Therefore, the following formula can be used to determine the number of shares outstanding: Shares issued in the IPO less shares bought with Treasury stock plus shares outstanding Shares exchanged prior to the expiration date of organization.
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