TSXV:SQD.H - Post by User
Comment by
barryt34on Oct 26, 2020 7:14pm
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Post# 31783688
RE:RE:RE:RE:RE:RE:RE:Elevator Pitch
RE:RE:RE:RE:RE:RE:RE:Elevator Pitch A private company typically goes public by conducting an initial public offering (IPO) for its shares. However, the reverse may also occur. A public company can transition to private ownership when a buyer acquires the majority of it shares.
This public-to-private transaction effectively takes the company private by de-listing its shares from a public stock exchange. While companies may be privatized for a number of reasons, this event often occurs when a company is substantially undervalued in the public market.