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Yes. The SEC defines a public company: “There are two commonly understood ways in which a company is considered public: first, the company’s securities trade
by krallja 4y ago
Yes. The SEC defines a public company:
“There are two commonly understood ways in which a company is considered public: first, the company’s securities trade on public markets; and second, the company discloses certain business and financial information regularly to the public.
In general, we use the term to refer to a company that has public reporting obligations.”
https://www.investor.gov/introduction-investing/investing-basics/how-stock-markets-work/public-companies https://www.investor.gov/introduction-investing/investing-ba...