Definition - What does Public Offering mean?
A public offering refers to the open sale of ownership in a company in the open market. Generally, a public offering takes the form of stocks or shares being sold in the stock market. However, a company can also conduct a public offering by providing people with bonds, notes or other instruments that reflect ownership in the company.
Justipedia explains Public Offering
There are two main types of public offerings. First, there is an initial public offering; an initial public offering occurs when a company decides to go from being a private company to a public company. This is usually a big step in a company’s growth and development, and typically signifies that the company has been able to do well in a specific geographical location. Then there are also public offerings provided for companies that are already public. This usually signifies a company’s desire to continue to grow.