IPO

An IPO, or Initial Public Offering, is the process by which a private company sells its shares to the public for the first time. This allows the company to raise capital from a wide range of investors, which can be used for growth, paying off debt, or other corporate purposes. Once publicly traded, the company's shares are bought and sold on stock exchanges. An IPO also increases the company's visibility and credibility. Essentially, it marks a transition from private ownership to being a publicly owned company, with ownership distributed among many shareholders.