public offering

noun

1. a sale of a new issue of securities to the general public through a managing underwriter (private placement ): required to be registered with the Securities and Exchange Commission.

Example Sentences

OpenAI also is a CoreWeave customer and shareholder, having made a $350 million equity investment in the company before its initial public offering.

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The private company raised $150 million in venture financing in 2022, setting its value at $8 billion, and is now considering an initial public offering, Yarlagadda said.

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GM soared 15% to the highest level since its 2010 post-bailout initial public offering after Chief Executive Mary Barra raised guidance and told analysts the automaker can’t make enough full-size SUVs to keep up with demand.

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The payments provider has tried to make its marketing more educational in the lead-up to its initial public offering this week.

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In the 141 days it has traded since its initial public offering, 65% brought price moves of more than 3%.

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