A private company cannot be converted into a public company by:

The correct answer is: D. Demand of public

A private company cannot be converted into a public company by the demand of the public. A private company is a company that is not listed on

a stock exchange and whose shares are not traded publicly. A public company is a company that is listed on a stock exchange and whose shares are traded publicly.

A private company can be converted into a public company by following these steps:

1. The company must file a registration statement with the Securities and Exchange Commission (SEC).
2. The company must hold a shareholder meeting to approve the conversion.
3. The company must file a final prospectus with the
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   SEC.
4. The company must begin trading its shares on a stock exchange.

The demand of the public is not one of the steps that must be taken to convert a private company into a public company.