The initial public offering has a challenger. Known as a direct public offering or direct listing, this technique avoids involvement from investment bank underwriters that buy shares at a set price in an IPO and then sell them to their clients. In a DPO, a private company lists itself on a stock exchange but does not raise money.
The post Direct Public Offerings: Unconventional but Gaining Traction appeared first on Practical Ecommerce.
from Practical Ecommerce http://bit.ly/2VXJ0zk
No comments:
Post a Comment