initial public offering

initial public offering

A company’s first public sale of stock; the first offering of an issuer’s equity securities to the public through a registration statement. ¡ª Abbr. IPO. [Cases: Securities Regulation 11.11. C.J.S. Securities Regulation ¡ì¡ì 37¨C38.]
How do Chinese legal professionals usually express the term initial public offering?
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