follow-on offering investment & finance definition
The sale of additional shares of stock to the public
after a company’s initial public offering has been completed. Also called a
secondary offering.
See follow-on offering in Wall Street Words
A stock issue that follows an initial public stock offering from a firm. The follow-on offering can consist of primary and/or secondary shares. Companies will sometimes authorize additional shares that are issued at a higher price following a successful initial public offering. Also called add-on financing, piggyback.
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