When a corporation offers shares to the public for the first time that is an:

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IPO stands for Initial Public Offering, which is the first time a corporation offers its shares to the public for purchase. It is a way for companies to raise capital by selling ownership stakes to outside investors. PPO (Private Placement Offering), NPO (Nonprofit Organization), and LBO (Leveraged Buyout) do not involve the sale of shares to the general public.

When a Corporation Offers Shares to the Public for the First