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“Going public” through a course of generally identified as an initial public offering signifies that part of the business might be owned by members of the public. This requires the organization as a definite entity, to disclose information to the public, and adhering to a tighter set of laws and procedures. Most public entities are companies which have bought shares, but increasingly there are also public LLC’s that sell units , and different more exotic entities as nicely, similar to, for instance, actual property investment trusts within the US, and unit trusts within the UK.
With the rise in expertise, …