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    Question

    What is a Follow-on Public Offer

    (FPO)?
    A A secondary market transaction Correct Answer Incorrect Answer
    B The first sale of shares by a company Correct Answer Incorrect Answer
    C A subsequent issue of shares after an IPO Correct Answer Incorrect Answer
    D The issuance of bonds to the public Correct Answer Incorrect Answer
    E The sale of shares to existing shareholders only Correct Answer Incorrect Answer

    Solution

    A Follow-on Public Offer (FPO) is made by a company that has already made an IPO and wants to issue additional shares to the public.

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