Which of the following best describes those shares sold when a company goes public which raise new capital?

Question

Quizplus · Accepted Answer

When a company goes public for the first time, it issues new shares to the public in order to raise capital. This is known as a primary offering. Therefore, the correct answer is D. Preliminary, secondary, and tertiary offerings refer to different types of subsequent offerings after the company has already gone public.

Which of the Following Best Describes Those Shares Sold When