Cypress Sharpridge, a REIT investing in firm securities, introduced its IPO right before the downfall of the subprime home loan market. The IPO failed. In June 2009, an IPO window appeared to be opening.
Should the business attempt once again? CEO Kevin Grant understood that his business's survival depended upon distinguishing itself from rejected realty financial investment methods and raising long-term capital. If its IPO failed once again, the business may lose any continuation to be dependability and be required to fold.
PUBLICATION DATE: June 04, 2010 PRODUCT #: 310140-HCB-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING
