In most of the significant public offerings,the company technically sells the shares to the underwriters,who then resell the shares to the public investors.

Question

Quizplus · Accepted Answer

This is true. In an initial public offering (IPO), the company works with underwriters who buy the shares from the company and then resell them to public investors. This is known as an underwritten offering.

In Most of the Significant Public Offerings,the Company Technically Sells