An initial public offering, or IPO, generally refers to when a company first sells its shares to the public. In an IPO, a privately owned company lists its shares on a stock exchange like NYSE Exchange and Nasdaq Exchange, making them available for purchase by the general public.
In essence, an IPO is the process by which a private company issues its first shares of stock for public sale. For this reason, the IPO process is sometimes referred to as "going public."
Startup companies or companies that have been in business for decades can decide to go public through an IPO. Companies typically issue an IPO to raise capital to pay off debts, fund growth initiatives, raise their public profile, or to allow company insiders to diversify their holdings or create liquidity by selling all or a portion of their private shares as part of the IPO.
In an IPO, after a company decides to "go public," it chooses a lead underwriter to help with the securities registration process and distribution of the shares to the public. The lead underwriter then assembles a group of investment banks and broker dealers that is responsible for selling shares of the IPO to institutional and individual investors.
Webull Malaysia do not support IPO subscriptions for MY and US markets. However, you may trade them once they are listed on the exchange.