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Deal Announcement: March 8, 2017, Investor Holding Corporation (NASDAQ: INSTR; Baton Rouge, LA) has agreed to acquire Citizens Ranchers, Inc. (Private; Villa Platte, LA) Deal Value: Approximately
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An initial public offering (IPO) is the first sale of stock by a company to the public.
Companies looking to raise capital by selling shares to the public are required to file for an IPO.
Companies must work with investment banks to determine the offering price, prepare required documents, and file with the SEC.
The purpose of an IPO is to raise capital for the company, provide liquidity to existing shareholders, and increase public awareness of the company.
Information such as financial statements, management bios, business strategies, and risk factors must be reported on an IPO.
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