What is DIRECT PUBLIC OFFERING (DPO)?

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.

More On This Topic



Link to This Definition
Did you find this definition of DIRECT PUBLIC OFFERING (DPO) helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary