Secondary Offering
/ˈsɛkəndɛri ˈɔːfərɪŋ/
Definitions
- (n.) A public sale of additional shares of a company's stock after its initial public offering (IPO), typically used to raise more capital or allow existing shareholders to sell shares.
The company announced a secondary offering to raise funds for its expansion.
Forms
- secondary offering
- secondary offerings
Related terms
See also
Commentary
Secondary offerings can be dilutive or non-dilutive depending on whether new shares are issued or existing shares are sold.
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