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LSDefine

Simple English definitions for legal terms

public market

Read a random definition: weight of evidence

A quick definition of public market:

Public market is a place where people can buy and sell pieces of a company that is owned by the public. Before a company can sell pieces of itself in the public market, it has to do something called an initial public offering (IPO). This means that the company has to follow certain rules and tell people about its finances on a regular basis. Sometimes, companies choose to sell pieces of themselves in a different way, called a private placement, instead of using the public market.

A more thorough explanation:

Public market refers to a place where securities of a public company are traded. Before a company can offer its securities in the public market, it must first conduct an initial public offering (IPO). This means that the company is selling its shares to the public for the first time. Once a company is listed on a public market, it must comply with the Exchange Act's periodic reporting requirements on an ongoing basis.

For example, the New York Stock Exchange (NYSE) is a public market where companies can list their securities for trading. Companies can choose to sell their securities through private placements instead of issuing them in the public market.

Illustration: Imagine a company called XYZ wants to raise money by selling its shares to the public. It conducts an IPO and lists its shares on a public market like the NYSE. Now, anyone can buy and sell shares of XYZ on the NYSE. XYZ must also comply with the Exchange Act's reporting requirements, which means it must regularly provide information about its financial performance to the public.

public float | Public necessity

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HopefullyInLawSchool
17:32
Should I go to Kansas law? they have good rankings, they pay for out of state bar prep, and their mascot is a hawk too
17:33
do they let you achieve your career goals?
17:33
on a timeline you fucks wit
babycat
17:33
I don’t get why people are always trying to talk about law schools on this website for people who like to make little jokes and be silly
sup baby @1a
1a2b3c4d26z
17:33
yoooo
what up pimp
any as?
1a2b3c4d26z
17:33
playin some clash royale at my desk
litty
how many trophies
1a2b3c4d26z
17:34
not yet :(
itll come in dues time
1a2b3c4d26z
17:34
Stuck at just over 7000
we are due for berk
goated
1a2b3c4d26z
17:34
We are due
17:34
@babycat: is the LSD
1a2b3c4d26z
17:34
It's a law of statistics
do we get a wave tmr
1a2b3c4d26z
17:34
yea
1a2b3c4d26z
17:34
just me u and egg tho
hell yeah
did you apply to gulc daddy
1a2b3c4d26z
17:34
yessur
lfg
i guess gulc tmrw
17:38
got another lawhub update email an hour after the first and nothing else has changed since the UVA UR2
17:38
don't tell me they moved me to UR3 lol
HopefullyInLawSchool
17:38
@babycat: did you not understand my silly joke?
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