Public offering

A public offering is the sale of new securities to the investing public. This is usually achieved through an investment banker intermediary, and following the filing of required registration documents with the Securities and Exchange Commission. A public offering is usually intended for a large group of investors, and may raise a substantial amount of funds for the issuer.

The term can be applied to the initial offering of securities to the public by an issuer, as well as later offerings.

Related Courses

Public Company Accounting & Finance