An offering of newly issued shares of stock by a firm that already has outstanding publicly held shares is

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A secondary stock offering is the offering of new shares of a company's stock for sale to the public after the company has already gone through an initial public offering (IPO) and has publicly held shares of stock. It is not always more profitable than the previous offering and is different from a shelf registration, which is a filing with the SEC that allows a company to offer securities to the public without having to go through the full registration process each time.

An Offering of Newly Issued Shares of Stock by a Firm