In an IPO, what does a secondary offering refer to?
A) Existing shareholders selling shares to the public
B) A follow-on equity offering to the public
C) A late-stage cyclical offering
D) A company selling new shares to the public
Answer: A
In an IPO, what does a secondary offering refer to?
A) Existing shareholders selling shares to the public
B) A follow-on equity offering to the public
C) A late-stage cyclical offering
D) A company selling new shares to the public
Answer: A