Public Company

A public company is a company with public ownership and has shares that trade on a public market. Because it is public it is required to meet the Securities and Exchange Commission‘s strict filing requirements for public companies. A public company’s shares typically are initially issued through an initial public offering (IPO) and any following issuances typically are done by a follow-on public offering.

Beneficial Ownership Reporting Requirements under the Corporate Transparency Act: What You Need to Know
As a result of changes in US law, most newly formed companies, as well as many existing companies, will need to comply with the beneficial ownership information (BOI) reporting rule
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