Series 7: 12.1.2. Types Of Securities Offerings

Taken from our Series 7 Online Guide

12.1.2. Types of Securities Offerings

When a company issues and sells new securities to the public, it is called a primary offering. The proceeds of a primary offering go to the issuer of the securities. When new securities are sold for the first time to the public, the offering takes place in what is called the primary market.

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