Public
Offerings
The
first sale of stock by a private company to the public.
IPOs are often issued by smaller, younger companies
seeking the capital to expand, but can also be
done by large privately owned companies looking to become
publicly traded.
In an IPO, the issuer obtains the assistance of an underwriting
firm, which helps it determine what type of security
to issue (common or preferred), the best offering price
and the time to bring it to market.
Also referred to as a "public offering".
At
Penney and Associates, we are committed to providing
the best possible service so your law related needs
are handled with the utmost professionalism.
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