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Topic: Biographies
Number of pages / Number of words: 2 / 432
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The 1934 Act requires public companies to file quarterly statements

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1. Increased Capital. A public offering will allow a company to raise capital to use for various corporate purposes such as working capital, acquisitions, research and development, marketing, and expanding plant and equipment.

2. Liquidity. Once shares of a company are traded on a public exchange, those shares have a market value and can be resold...

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