What is an FPO (Follow-on public offering)?

A Follow-on Public Offering (FPO) is a financial maneuver employed by a publicly traded company to secure additional capital. Unlike an Initial Public Offering (IPO), which marks a company’s first foray into the public market, an FPO involves a company that has already gone public. During an FPO, the company issues new shares to the general public, thereby raising fresh capital.

To know more about Follow-on Public Offerings (FPOs) and how they can benefit your investment portfolio.