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Morpheus, Trinity, and Neo are on the wet western coast of North America and as they look around, they see lots of mosses, lichens, and ferns covering the tree branches. Condensation from fog on the leaves is a major form of precipitation. Where are they?
IPO
Stands for Initial Public Offering, which is the process where a private company goes public by selling its shares to the general public for the first time.
Equity IPO
Initial Public Offering (IPO) of equity shares, where a company offers its stocks to the public for the first time.
Seasoned Offering
An offering of securities by a company that has previously issued securities to the public and is thus familiar to investors.
Red Herring
A preliminary prospectus distributed to prospective investors in a new issue of securities.
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