In the world of finance, it is not uncommon for a publicly traded company to offer additional shares to the public. This process, known as a secondary offering, allows the company to raise more capital by selling more shares of their stock. These additional shares are offered to both existing shareholders and new investors. It is a strategic move that can have a significant impact on the company's financial structure and shareholder ownership. As a knowledgeable professor, I will delve into the details of this process and its implications in the world of finance.