public offering

American  

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.

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Example Sentences

Anthropic has been riding a wave of growing use because of the viral popularity of Claude Code, helping it close a new round of funding that values the company at $380 billion ahead of a possible public offering this year.

From The Wall Street Journal

It is planning a record initial public offering that could raise up to $75 billion.

From Barron's

ARK isn’t the only firm attempting to make OpenAI more accessible to a wider audience ahead of a potential initial public offering, but investors should be mindful of the risks.

From MarketWatch

The sale price tag amounts to about one-eighth of the $301 million Allbirds raised in its initial public offering in 2021.

From The Wall Street Journal

The company’s market cap reached a high of $4.1 billion when the stock closed its first day of trading 93% above its initial public offering price.

From MarketWatch