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

On Monday, Barrick announced it would explore an initial public offering of a subsidiary that would hold its premier North American gold assets.

Read more on Barron's

Anduril, which has yet to file for an initial public offering, develops AI-powered autonomous defense systems.

Read more on Barron's

Palantir’s direct public offering — meaning that the company sold its stock straight to the public without a Wall Street middleman underwriter — is a particular source of pride for Karp.

Read more on MarketWatch

A direct public offering “is a way of offering the means of production to the worker,” Karp told MarketWatch earlier this month.

Read more on MarketWatch

While shares of Palantir initially rose as high as $39 in the months after the public offering, they dropped to an all-time low of $6 in late 2022.

Read more on MarketWatch