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initial public offering

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Encyclopedia, Wikipedia 0.04 sec.

initial public offering

Primary issue of a private company's ordinary shares to the public. This happens when a company wishes to list on a stock exchange or to raise capital. The issue of shares is generally managed by a financial institution, such as a merchant bank, which acts as an underwriter, organizing and promoting the issue and agreeing to purchase any unplaced shares.


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? Mentioned in ? References in periodicals archive
 
com was to go public, the company cut its initial public offering to 3 million shares from 6.
8 million of the proceeds of Cold Spring's initial public offering were placed into a trust account maintained by an independent trustee.
U) announced today that it has completed its initial public offering of 15,600,000 units.
 
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