Category: OFS and FPO
A private company brings an initial public offering (IPO) by selling shares to outside investors in order to raise funds for various purposes. Reason includes company’s growth and expansion or simply cash -in. The company’s financial problems, however, do not end with the IPO. A company may require additional capital to achieve its objectives at times. That is when such businesses can choose to make an Offer for Sale (OFS) or Follow-on public (FPO).