Credaro Hills Distillery, a gin distillery firm based in Melbourne, needs to raise capital to fund its product development plans. The firm decides to offer its shares of ownership to the public for the first time, and lists its securities on a public exchange. This is termed as ________. A. an international funding foray (IFF) B. a private placement initiative (PPI) C. an initial public offering (IPO) D. a secondary market offering (SMO) E. a secondary equity offering (SEO)
