PRC-3 · Chapter 2 · Question 8 of 61
Horizon Tech is looking to expand and decides to offer its shares to the general public for the very first time. What is this process called?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) Initial Public Offering (IPO)
Explanation
When a company first offers shares to the public to raise capital, it goes through an Initial Public Offering (IPO).
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