In a public offering, a certain number of shares are offered at a set price to members of the public.

Question

Quizplus · Accepted Answer

In a public offering, shares are indeed offered to members of the public, typically through the use of an investment bank or other underwriter who sets the price and helps to market the offering. This is different from a private placement, where shares are typically offered to a smaller group of accredited investors.

In a Public Offering, a Certain Number of Shares Are