Business Organization and TransactionsHow is a public offering structured?Public offerings are a way for some companies to generate income. Public offerings may be either initial public offerings, if the company has never issued shares publicly before, or additional issues, if the company has issued shares in the past. Public offerings can also be described as primary offerings, where the company earns the proceeds from the sale; secondary offerings, where a major shareholder or shareholders profit from the proceeds; or a combination offering, where both the company and the shareholders sell shares. |
