On 19 August 2004, Google IPO Offered 19 605 052

On 19 August 2004, Google IPO offered 19 605 052 shares at a price of US$85 per share, which were sold in an online auction in a bid to make the shares more widely available. Which of the following statements best describes why these are considered a primary market transaction?

A) The shares were the first to be publicly issued by Google.
B) The transaction was between the corporation and investors.
C) Shares of Google from this time onward could be traded between investors on a stock exchange.
D) Google was at the time a recently-founded company seeking capital with which to expand.