Asked by Karan Kahlon on May 25, 2024
Verified
When a firm decides to go public, its first stock issue is an initial public offering.
Initial Public Offering
The first time a company offers shares of stock to the public in order to raise capital.
First Stock Issue
The initial offering of a company's stock to the public, also known as an Initial Public Offering (IPO).
- Master the steps and ramifications of a business making its stocks available to the public, considering the contributions of initial public offerings (IPOs) and the resultant shift in company ownership.
Verified Answer
GC
Galilee CastilloMay 30, 2024
Final Answer :
True
Explanation :
An initial public offering (IPO) is the first time that a company's stock is offered to the public for purchase.
Learning Objectives
- Master the steps and ramifications of a business making its stocks available to the public, considering the contributions of initial public offerings (IPOs) and the resultant shift in company ownership.