Question
refers to the process of offering shares of a private
corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.Solution
Initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors. IPO turns a privately owned company into a Public company.
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