Secondary Public Offerings

Firms that have previously issued shares to the public may, at some point, sell additional equity. This type of equity offering is often called a seasoned offering or a secondary public offering (SPO).  Seasoned offerings provide additional financial capital to the firm but dilute the ownership of existing shareholders.  Go to the following site and then answer a few questions about SPOs.

 http://www.nasdaq.com/markets/spos/

1.  What are the top two SPO performers for the past year?

2. What is the purpose of a SPO?

3. List the offer amount of two recent SPO filings?