Key Details From the Just-Released GM IPO Filing

Let's get right to the details of of the filing...

-- The stock will trader under the ticker "GM"

-- It will be listed on the NYSE

-- The underwriting banks are a who's who: Morgan Stanley, JPMorgan, BofA/ML, Citi, Barclays, Credit Suisse, Deutsche, Bank, Goldman Sachs, RBC. The details of which bank gets how much has not been spelled out yet.

-- The risk factors list is enormous. It's pretty much everything you can imagine. Among them:

• The company's suppliers could still go under.
• The company is still going to need tons of cash.
• There's more restructuring to do in Europe, and with the dealer network.
• The Treasury may continue to have significant influence on the company, including management.
• The pension plan is still underfunded.

-- Top shareholders;

• The Treasury: 60.83%
• Canada GEN Investments Corp 11.7%
• UAW Retiree Medical Benefits Trust: 19.9%
• Motors Liquidation Company 24%

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