Secondary Public Offering


Also found in: Acronyms.

Secondary Public Offering

Any issue of stock after the initial public offering. That is, in a secondary public offering, a company sells shares that it has not previously issued. This increases the number of shares outstanding, which can (though does not always) lead to dilution of share value. A secondary public offering occurs on the primary market and therefore should not be confused with secondary market transactions.
References in periodicals archive ?
This secondary public offering is being initiated by certain affiliates of TPG Global LLC and Ptolemy Capital LLC (together, the selling stockholders).
NYSE: PFSI) has announced the commencement of an underwritten secondary public offering of 5,554,545 shares of its Class-A common stock by selling stockholder Fidelity Investments Charitable Gift Fund.
The underwriters of the company's secondary public offering of its common stock have exercised in full the option to purchase an additional 2,325,000 shares of its common stock from certain stockholders (selling stockholders) at the public offering price of USD21.
Solid waste company Advanced Disposal Services Inc (NYSE:ADSW) reported on Monday the start of a secondary public offering of 13,500,000 shares its common stock.
M2 EQUITYBITES-May 16, 2017-Evolent Health prices higher secondary public offering of 7,000,000 Class A common stock shares at USD24.
Compass Diversified Holdings (NYSE:CODI), an owner of leading middle market businesses, announced on Monday that Fox Factory Holding Corp (FOX) (Nasdaq:FOXF) has closed on a secondary public offering of 5,108,718 shares of FOX common stock held by Compass Diversified Holding.
M2 EQUITYBITES-September 8, 2016-American Homes 4 Rent commences secondary public offering of 43.
Natural gas company Antero Resources (NYSE:AR) said on Thursday that it has priced an underwritten secondary public offering of 8,000,000 common units of Antero Midstream Partners LP.
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