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      Question

      What is a Follow-on Public Offer

      (FPO)?
      A A secondary market transaction Correct Answer Incorrect Answer
      B The first sale of shares by a company Correct Answer Incorrect Answer
      C A subsequent issue of shares after an IPO Correct Answer Incorrect Answer
      D The issuance of bonds to the public Correct Answer Incorrect Answer
      E The sale of shares to existing shareholders only Correct Answer Incorrect Answer

      Solution

      A Follow-on Public Offer (FPO) is made by a company that has already made an IPO and wants to issue additional shares to the public.

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