INITIAL PUBLIC
OFFERING

  • An offering of shares of private companies to the public to raise capital
  • Listing of shares on an exchange to allow secondary trading
  • May involve primary and/or secondary shares

FOLLOW-ON
OFFERING

  • A re-IPO
  • Public issuance of shares to investors by companies that are already listed on an exchange to raise additional capital

STOCK RIGHTS
OFFERING

  • An offering by listed companies to existing shareholders to buy a proportional number of additional shares at a given price (usually at a discount within a fixed period)

REAL ESTATE INVESTMENT
TRUST (REIT)

  • Issued by companies that own and operate income-generating real estate assets
  • An alternative source of funding for real estate developers
  • Broaden investor base for real estate investments
  • An effective way to raise capital from the public without diluting ownership

PRIVATE
PLACEMENT

  • A sale of shares by companies to a small number of select investors as a way to raise capital
  • May be offered to strategic or financial investors
  • An alternative to an IPO for companies seeking to raise capital