Stock Market Flotation
Process of company offering shares publicly on stock exchange; becoming PLC.
Real World
When Deliveroo floated on the London Stock Exchange in 2021, it raised £1.5 billion through its IPO, though its share price immediately fell below the offer price — illustrating flotation risk.
Exam Focus
For 'evaluate' questions, always weigh loss of control and costs against capital raised — one-sided answers rarely exceed 6 marks.
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