To ﬁnance expansion into Japan, General Motors sells 1,000,000 shares of common stock to investors at large. This is an example of a(n):

Name: To ﬁnance expansion into Japan, General Motors sells 1,000,000 shares of common stock to investors at large. This is an example of a(n):
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This is a seasoned new issue as General Motors is an established company that is already publicly traded and is selling more shares of common stock to the general public to finance expansion into Japan.

To ﬁNance Expansion into Japan, General Motors Sells 1,000,000 Shares