Initial public offering
In financial markets, an initial public offering (IPO) is the first sale of a company's common shares to public investors. The company will usually issue only primary shares, but may also sell secondary shares. Typically, a company will hire an investment banker to underwrite the offering and a corporate lawyer to assist in the drafting of the prospectus.
See also
- Dot-com
- Primary market
- Financial markets
- Reverse merger
- Secondary market (also known as aftermarket)
- Thomson Financial League Tables
- SECLaw's IPO Legal Information Center
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