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The first public equity issue offered by a company is commonly referred to as an initial public offering.
What is an initial public offering?
An initial public offering is when a private firm offers its first equity to the general public (IPO). A company's ownership is essentially changing from private ownership to public ownership through an IPO. Because of this, the Initial Public Offering procedure is occasionally referred to as "going public." You can get in on the "ground floor" of a business with significant growth potential by investing in an IPO. Your opportunity for quick profit in a short amount of time may be an IPO. Long-term wealth growth could be facilitated by it as well.
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