Advantages of going public

摘要

Watson, Farley & Williams New York corporate partner Tony Backos said a shipping company can obtain greater prominence because of its required public disclosures. Once public, shipping companies may raise additional capital from follow-on offerings and use their stock as currency to purchase assets or other companies. They may also obtain more competitive lending terms. Further, IPOs can offer investors an easier exit from their investment than would be the case with a private company with no public market for the purchased equity.