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Go public |
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Go publicSee 'flotation'.Similar MatchesNonpublic informationNonpublic informationInformation about a company that is not known by the general public, which will have a definite impact on the stock price when released. See: Insider trading. Going publicGoing publicWhen a company decides to list its shares on a stock market it has to go through an elaborate process before its shares become quoted. The final act of listing is known as a flotation or 'going public'.The company publishes a prospectus describing its business, who its directors are, what its financial position is, and what profits it thinks it is going to make. The information it includes has to conform to strict guidelines so that potential investors are not misled.The prospectus announces the issue of new shares, sets an offer price for the shares, and invites subscriptions. In some cases, a company won't actually set a price for its shares, but will have an 'offer by tender' - effectively an auction in which investors bid for shares.In a flotation a company raises money by issuing new shares in what is known as the 'primary market'. Once the shares are listed, further trading in them occurs in the 'secondary market' - secondary in the sense that it is a second stage market between investors that doesn't involve the company itself. Publicly traded assetsPublicly traded assetsAssets that can be traded in a public market, such as the stock market. Certified Public Accountant (CPA)Certified Public Accountant (CPA)An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. Public housing authority bondPublic housing authority bondBonds of local public housing agencies that are secured by the federal government and whose proceeds are used to provide low-rent housing. Further SuggestionsPublic goodPublic limited partnership Publicly held initial public offering electronic public offering Public Sector Net Cash Requirement Quasi public corporation International Stock Exchange of the UK and the Republic of Ireland (ISE) Public warehouse Public procurement Public offering price public limited company (plc) Public offering Public Utility Holding Company Act of 1935 Going public Financial public relations Public securities offering Public Company Public Sector Borrowing Requirement Foreign public borrower Public Securities Administration (PSA) Public debt Public purpose bond public offering The Public |
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