What is a PIPE, IPO, private placement or secondary offering?
A PIPE, also known as a Private Investment in Public Equity, is a way for companies to raise capital in the public markets in timely and most cost efficient manner. An IPO, also known as an initial public offering, is the first time a company issues shares to go public. A private placement is an offering of securities that are not registered with the SEC. A secondary offering is the issuance of shares from a company that has already done its initial public offering (IPO).
