Rebirth 79: I opened a bank in the United States

Chapter 340 Before Departure

When KKR's Kravis called out a subscription offer of 400 million US dollars, the situation was settled.
No matter who it is, even Morgan Stanley, who was the most dissatisfied and angry with HT's behavior before, still quickly put aside their grievances and quickly followed up as New York capitals left the market.

The financing goal of 2400 million US dollars, the final allocation is: Fidelity invests 10 million and assumes the responsibility of making the market for HT. Correspondingly, after listing, HT also needs to pay Fidelity an underwriting service fee.This money is usually 4% of the initial public offering amount, but obviously, for a white horse stock like HT, the price is obviously too high.In the case of almost complete sales, the rate is negotiated at [-]%
富达麦哲伦基金认筹200万；大湾资本500万；罗琳创投400万；老虎基金100万；kkr 400万；高盛1600万；摩根士丹利1200万；剩下的3200万，则由其余24家股权投资机构认筹。

Institutional investment jointly accounted for 38.46% of the shares, and HT issued 40 additional shares year-on-year to institutional investors on the basis of a total share capital of 25 shares.After reporting to the US Securities and Exchange Commission for filing and approval, the total share capital of HT has reached 75 shares
In order to meet the requirements of the New York Stock Exchange listing requirements that the number of shares held by the public should be greater than 110 million shares, HT carried out two stock splits of one for three in the two months after the financing.As of mid-June 1981, the total share capital of HT was 675 million shares!

Based on a valuation of $2.6 million, the average unit price per share is about $38.52.

However, this data is still at a high value in the eyes of the IPO consulting team sent by Fidelity.In this relatively depressed year, the stock price of 38.52 is not friendly to liquidity.Even for the 100 shares required to meet the minimum transaction requirements, investors need to spend 3852 US dollars at a time without considering the cost of holding positions such as handling fees.For public investors, the threshold for participating in transactions is too high.

Fidelity's IPO team plans to conduct two more stock splits in mid-July and mid-August, trying to bring the stock price below $7!

"The growth potential of low-priced stocks is much higher than that of high-priced stocks. Excessively high stock prices are very unfavorable factors for the growth of the company's market value, and it is also not conducive to trading flow!"

Reminiscent of the advice of the consultants, Carter did not object.A stock split affects only the unit price of the stock. Every time a stock is split, the shares in the hands of all shareholders will also be split.In fact, there is no impact on the original rights and interests, such as:
After the A round of financing, Carter's personal shareholding will be diluted to 59.07%.At 75 shares, the number of shares held was 443025 shares; after the two splits, the current number of shares held is 3987225, accounting for 675% of the total share capital of 59.07 million.

After completing these tasks, no matter how to prepare for the new share sale meeting, increase the number of public shareholders; or prepare for the follow-up road show; including submitting the listing plan and listing application to the New York Stock Exchange, registering with the Securities and Exchange Commission, etc. .
Carter is not going to participate!
In other words, he doesn't have much value in participating.On the other side, the trip to China is about to start.
"Carter, your Chinese visa has arrived, and there is also a reply letter from the Houston consulate to you and Sam Chen."

"Really? Let me see what the visa looks like"

He happily took his passport, which is amazing to say the least.In two lifetimes, the first visa was actually from China, which made Carter always have an indescribably strange feeling in his heart.

But what makes Carter even more strange is not here, but the type of visa
"How is this a diplomatic visa?! It's not an ordinary visa, it should be a courtesy visa!"

The so-called courtesy visa refers to the respect and treatment received except for the lack of diplomatic privileges and diplomatic immunity.For example, customs exemption or fast-track inspection, etc., are generally the same as those who hold diplomatic visas.
Judging from the facts, Jimmy Carter should get a courtesy sign.After all, even if he resigned, his status still lies there, right?As for the little people like himself, Carter originally thought that it would be enough for him to get an M visa representing commercial and trade personnel or an F visa for visitors and inspectors!

Even a random tourist visa, in the current situation of foreign exchange shortage everywhere in the country.With a white skin on his head and a knife in his pocket, he can tell where he goes.
Being an uncle is a bit exaggerated, but that's what it means.At least free passage or something, as long as I don't get squeezed by several doors and rush into some military facilities and scientific research units, no one will stop me.

good result
I have a diplomatic visa in an ordinary passport.Even knowing that the passport type and the visa will occasionally be separated, this weird feeling is directly full!
"I specifically called to ask, I said you have no official position, how did you issue this visa? They said that the category of courtesy visa has not yet been opened. In order not to let your international friends be neglected, and to protect your safety, Specially give you a diplomatic visa issued according to Mr. Carter's standard."

Goodman took the passport in Carter's hand with a smile, and picked up another letter:

"I think it's okay. With this visa, you are there, in case something bad happens to you. It will be much more efficient to seek help from the local government and the police department, and I will feel more at ease."

"I sent the reply letter to Sam Chen yesterday when I got off work. It's yours. Check it out for yourself!"

"Okay! Thank you, by the way, a sum of money will come in from HT recently, and I will set up a separate account for me later, and remit it directly to the Atlanta Fed, and then get it in cash!"

Thinking that there is no UnionPay organization in this society, there should be no corresponding China International Clearing System.However, in China in 81, there should be no foreign banks. If you want to exchange currency, it may be more convenient to use cash.
"Are you sure? You bring so much cash with you?? You want to invest in the past, and you can also transfer the money to their bank account opened in the United States! Then ask the consulate to get you a Chinese bank account, your side Remit as much as you want, and let them remit as much as you want to your Chinese account at the same time!"

"That's right, I've been busy and confused recently. Then I'll leave this to you."

Slapping his forehead, Carter shook his head dumbfounded.

The $700 million in cash is not counted as a loan. If you want to bring cash, it is normal to fill several boxes.Doing so, it does appear to be a bit of a force.
Back in the office, Carter opened the letter from the consulate.In addition to expressing gratitude, Carter was also notified of the departure time of his trip to China: June 6.

You can choose New York or San Francisco as the boarding location, as long as you arrive on June 6 and call the consulate and inform the hotel where you are staying.Before boarding the plane the next day, staff will come to pick you up.It can be called a nanny-level comprehensive service!
Before the departure day, Carter took his family to Disneyland in Orlando.In the laughter of the two little girls, Mei Lisi and Chen Shuzhen, the week passed peacefully.
　The historical time is the visit that started on 81/8/24.

　　
　
(End of this chapter)