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Just out of curiosity, is it normal for companies with continual loss to go public?
by rplnt 15y ago
Just out of curiosity, is it normal for companies with continual loss to go public?
- pbreit 15y agoYes. The main purpose of going public is to raise money.
- Gustomaximus 15y agoNot normally for companies of this size. Most companies want to show they can make profits to maximize their float value. But if you look at the pink sheet stocks many of these are companies looking to fund their RD or growth and have negative earnings. Also many pink sheet stocks are thinly veiled scams.