Apple Computers IPO Prospectus
The Initial Public Offering (IPO) Prospectus for Apple Computer Inc. in December 1980. A total of 5 million shares were offered to the public for $22 each. The total outstanding shares after the offering were 54,215,332. The company's officers, directors and major shareholders held 32 million shares and the rest were held by the company for stock options plans and other needs. Apple's valuation after the IPO was over $1 billion. (54 million shares at $22. )
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