Aritzia IPO leads to warning from market watchers

Kai Li, a finance professor at UBC’s Sauder School of Business, spoke to the Vancouver Sun about the initial public offered by Vancouver clothing brand Aritzia.

Existing shareholders hold 97 per cent of the voting power with the dual-class share structure.

“The dual-class shares are quite a negative signal to buyers,” Li said. “This is a red flag.”

The story also appeared in The Province.