1 definition by Kornel
= IPO (initial public offering); It takes place when a private company raises capital by introducing its shares on the stock market and becomes public limited company (plc). Before a private company can go public, it must comply with the requirements of the regulators of the stock exchange (Securities Exchange Commission in the US) and file an application giving full details of its accounts. Most companies prefer to use the services of an investment bank to manage or underwrite the offering.
The market looks good, so I think we should go public.
I'm sure our company will have gone public by the end of the year.
I'm sure our company will have gone public by the end of the year.
by Kornel May 17, 2008