public offering

noun

1. a sale of a new issue of securities to the general public through a managing underwriter ( private placement ): required to be registered with the Securities and Exchange Commission.

Example Sentences

The company exceeded expectations during its initial public offering of stock in 2021, ending its first day of trading valued at nearly $88 billion.

From Los Angeles Times

Earlier this year, Newsmax filed for an initial public offering to raise $75 million and a private placement to generate additional capital.

From Los Angeles Times

Fisker raised $1 billion in capital through its initial public offering in 2020 and was valued at more than $2.9 billion at the time, when there was widespread optimism about a rapid shift from gas models.

From Los Angeles Times

Today, businesses are expanding rapidly — one Thai company is planning an initial public offering this year — and some durian farmers have become millionaires.

From New York Times

Such a move could make it easier for OpenAI to pursue an initial public offering.

From New York Times