The Law Dictionary

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DIRECT PUBLIC OFFERING (DPO) Definition & Legal Meaning

Definition & Citations:

A DIRECT PLACEMENT of COMMON STOCK that is offered by a company to investors, customers, and/or suppliers, without the use of an UNDERWRITER. Given the limited ability for companies to directly place their own shares and then encourage financial intermediaries to produce EQUITY research and quote SECONDARY MARKETS, DPOs are relatively uncommon.


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