Public offering

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A public offering is an invitation to participate in a debt or equity offering that extends to the public. In the US, a public offering is required to comply with an extensive set of securities laws and associated Securities and Exchange Commission rules. Laws governing a public offering also exist at the state level. The first sale of stock by a private company to the public is called an initial public offering (IPO).

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Last modified on 2 January 2014, at 15:30