Direct public offerings work best for companies that have a single product or related product lines,a base of customers who are loyal to the company,good name recognition,and annual sales between $3 million and $25 million.

Question

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Direct public offerings (DPOs) are a method for companies to raise capital directly from the public without involving intermediaries like investment bankers or underwriters. However, DPOs work best for companies that have already established a customer base, brand recognition, and a strong business model, which is why companies with a single product or related product lines and annual sales between $3 million and $25 million are best suited for DPOs.

Direct Public Offerings Work Best for Companies That Have a Single