Creating new fad item-distributing them directly to consumer

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JLK is a partnership that was formed two years ago for the purpose of creating new fad items and distributing them directly to consumers. The firm has been extremely successful thus far and has decided to incorporate and offer shares of stock to the general public. What is this type of an equity offering called?

a) Initial Public Offering

b) Venture Capital Offering

c) Seasoned Equity offering

d) private placement

e) shelf offering

Reference no: EM131554649

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