Q. In the context of capital markets, what does the abbreviation 'FPO' stand for?
Answer: Follow-on Public Offer
Notes: A follow-on offering is issuance of additional shares made by a company after an initial public offering (IPO). Companies usually announce FPOs to raise equity or reduce debt. The two main types of FPOs are dilutive (meaning new shares are added) and non-dilutive

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