Question

Assure pharma corp., a private corporation, sold its stock to raise the money it required for global expansion. as a result, anyone could buy, sell, or trade the stocks of the company. the process adopted by assure pharma corp. to raise money is referred to as _____. factoring bartering franchising initial public offering angel investment

Answer 1

The answer is initial public offering. It is because they were able to offer their stocks to the public even if they are a private company. In which, we can see above that they had offered their stocks to the public even if they are a private company.