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

Default
Operation of law
Choice
Demand of public

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 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
the Securities and Exchange Commission (SEC).
  • The company must hold a shareholder meeting to approve the conversion.
  • The company must file a final prospectus with the SEC.
  • 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.

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