When does an initial public offering (IPO)occur?

Question

Quizplus · Accepted Answer

A) When a privately held corporation needs to raise capital by selling stock to the
general public, an IPO is one of the steps taken to convert a privately held corporation into a publicly held corporation.
e) When a privately held corporation needs to raise capital by selling stock to the general public, an IPO is one of the steps taken to convert a privately held corporation into a publicly held corporation.
f) When a privately held corporation needs to raise capital by selling stock to the general public, an IPO is one of the steps taken to convert a privately held corporation into a publicly held corporation.
g) When a privately held corporation needs to raise capital by selling stock to the general public, an IPO is one of the steps taken to convert a privately held corporation into a publicly held corporation.

When Does an Initial Public Offering (IPO)occur