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 March 2021, it raised £1.5 billion through its IPO, giving early investors and founders a route to cash out while funding further expansion.
Exam Focus
For 'evaluate' questions on flotation, weigh loss of control and disclosure costs against capital raised.
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