Month: April 2021

A direct public offering is when a company raises capital by selling its shares directly to what is refer to as affinity groups, unlike an IPO which are sold by a broker dealer to its customers and the general public through other broker dealers who have customers interested in buying shares in the business.In IPO's you have a firm commitment underwriting, where the underwriters promise to buy the securities for their own account if they can't sell them to clients...