Follow-on Offering

After completing its IPO (www.practicallaw.com/2-382-3541), a company may later decide to offer additional securities, whether debt or equity, to the public. These offerings are referred to as "follow-on" offerings because they follow the IPO. There are two types of follow-on offerings:

Sometimes a follow-on offering consists of both a primary and a secondary offering, such as when a company is registering additional shares of common stock and allows certain stockholders to sell some of their shares in the same offering. See Practice Note, Follow-On and Secondary Registered Offerings: Overview (www.practicallaw.com/5-381-0957).

{ "siteName" : "PLC", "objType" : "PLC_Doc_C", "objID" : "1247244960892", "objName" : "Follow-on Offering", "userID" : "2", "objUrl" : "http://us.practicallaw.com/cs/Satellite/us/resource/5-382-3479?null", "pageType" : "Resource", "academicUserID" : "", "contentAccessed" : "true", "analyticsPermCookie" : "23de9c37e:14884206412:3570", "analyticsSessionCookie" : "23de9c37e:14884206412:3571", "statisticSensorPath" : "http://analytics.practicallaw.com/sensor/statistic" }