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Initial Public Offering (IPO) - Defined

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Danielle
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Initial public offering (IPO) or stock market launch is a type of public offering in which shares of a company usually are sold to institutional investors that in turn, sell to the general public, on a securities exchange, for the first time. Through this process, a private company transforms into a public company.
reference: https://en.wikipedia.org/wiki/Initial_public_offering
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