The promoters of the company that is going public through the IPO
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The company that is issuing the IPO gets the money.
Someone who receives money in a firm is called a treasurer
The money an investor receives above and beyond the money initially invested called return
To raise money to fund a company's activities.
An initial public offering, or IPO, is the first sale of stock by a company to the public. A company can raise money by issuing either debt or equity. If the company has never issued equity to the public, it's known as an IPO.