Which of the following is the firm allowing its equity, some of which was held privately by managers and venture capital investors, to be publicly traded in stock markets for the first time?
A) Over the counter market transaction
B) Private market transaction
C) Initial public offering
D) Public market transaction

Question

Quizplus · Accepted Answer

An Initial Public Offering (IPO) is the process through which a private company goes public by selling its stocks to the general public for the first time. This allows the firm's equity, previously held privately by managers, founders, and venture capital investors, to be traded on the stock market.

Which of the Following Is the Firm Allowing Its Equity