Photos: Winter Weather; Storm brings biggest waves on earth to the Northwest coast The Weather Network; Week in Weather: January 19; Temperatures in Orlando area drop to coldest since 2010 Tribune News Service; South awaits thaw from snow, icy roads and numbing cold Associated Press
Selling shares of stock to investors is a common way that companies attract capital that they can use to fund new projects and growth. An initial public offering, or IPO, is a company's first sale of stock to the public. When a company files for an IPO, it plans on selling stock to the public, which means the company goes from being privately owned to being publicly owned.
Answer Wiki. An S-1 filing or imminent IPO that is not public (via confidential S-1 filing by an emerging growth company pursuant to the JOBS Act) have a significant adverse effect on liquidity of that company's stock in the private secondary markets.