A new public equity issue from a company with public equity previously outstanding is called a(n)
A)initial public offering (IPO).
B)American depository receipt (ADR).
C)seasoned equity offering (SEO).
D)private placement.

Question

Quizplus · Accepted Answer

A seasoned equity offering (SEO) is a new public equity issue from a company with public equity previously outstanding. It is different from an initial public offering (IPO), which is the first time a company issues public equity, and a private placement, which is a sale of securities to a small group of accredited investors. An American depository receipt (ADR) is a certificate issued by a U.S. depository bank, representing a specified number of shares of a foreign company's stock.

A New Public Equity Issue from a Company with Public