Initial Public Offering (IPO)

Définition

An IPO is a company’s first sale of shares to the public, listing on a stock exchange and converting private equity into liquid, tradable stock.

Comment cela se présente dans le financement

The IPO is the largest exit path: it provides liquidity for investors and employees and gives the company access to public capital markets.

Questions fréquemment posées

How big must a company be to IPO?

There is no fixed rule, but modern tech IPOs typically involve hundreds of millions in revenue; smaller listings struggle for institutional attention.

What is a lock-up period?

A window after the IPO, typically around 180 days, during which insiders cannot sell shares.

Mettez ce terme en pratique

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