A security that is available to the public for purchase for the first time is known as an initial public offering (IPO). This process allows a company to raise capital by issuing shares of stock to investors. It is an important event in the financial world, as it can affect the company's future growth and success. Investors must carefully consider the potential risks and rewards before participating in an IPO. Additionally, market conditions and the company's financial health can also impact the success of an IPO.
