What does it mean when a company “goes public”?
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Going public refers to a company that is switching from being privately held where ownership of the company is limited to individuals such as founders or investors to being publically traded on an exchange where anyone can purchase a share of ownership in the company.
When the company “goes public” they have an initial public offering “IPO” where shares of the company are offered to the public and then after that date those shares can be bought and sold by the public on the exchange.
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