Underwriters have an over-allotment option to sell up to an additional 3 million shares for selling holders.
FORBES: Another Internet IPO: BankRate Set To Come Public (Again)
2.
After the offering, the company will have 26.4 million shares outstanding, or 27.3 million if you include the over-allotment option.
FORBES: Trulia Up 39% From IPO Price
3.
He notes that on a fully diluted basis, the company will have 194 million shares outstanding after the offering, assuming the over-allotment option is exercised.