The process in which a private company converts into a public company by issuing and selling its shares to the public for the first time in the open stock markets. During an IPO, the company aims to raise capital from public investors by offering them the opportunity to buy its shares. This transition from private to public ownership allows the company’s founders, early investors, and employees to realize potential gains from their investments, and it provides the company with access to a broader base of investors and additional funding for future growth and expansion.
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