Public Markets

The structural realities of public equities: IPO mechanics, secondary offerings, share buybacks, and institutional block trading.

The IPO Process

Underwriting, roadshows, pricing, and stabilization.

Share Buyback Math

How repurchases affect EPS, equity value, and cost of capital.

Direct Listings vs SPACs

Alternative paths to public liquidity.

Institutional Block Trades

How large equity positions are liquidated.