Privately held for 18 years, Superior Chemicals Inc. has finally decided to go public. The owners are in the process of deciding whether to use debt or equity financing to finance growth after the initial public offering
-Superior will make its IPO (Initial Public Offering)in the primary market.

Question

Quizplus · Accepted Answer

An Initial Public Offering (IPO) occurs in the primary market, where new securities are created and sold to the public for the first time, allowing a company like Superior Chemicals Inc. to raise capital from public investors.

Privately Held for 18 Years, Superior Chemicals Inc