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What does it mean when a company is "going public"?
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When a company goes public, it means that they are making their shares available for sale to the general public. This allows investors to buy and sell shares of the company on a public stock exchange. The process of going public involves registering with the SEC (Securities and Exchange Commission) and filing a registration statement with the SEC. Once the registration statement is approved by the SEC, the company can begin selling its shares to the public.