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When the microbubble is destroyed:
Direct Private Long-term Debt Financing
A type of financing where companies borrow money directly from private investors, bypassing traditional bank loans and public markets.
Public Issues
The process by which a private company goes public by offering its shares to the public for the first time.
Registration Costs
Expenses associated with the process of registering a security with regulatory authorities (such as the SEC) before it can be offered for sale to the public, including legal, accounting, and printing fees.
General Cash Offers
A public offering in which securities are sold for cash to the general investing public.
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