An initial public offering IPO or stock market launch is a public offering in which shares of a company are sold to institutional investors  and usually also retail individual investors. Through this process, colloquially known as floating , or going public , a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms the total value as determined by the share price multiplied by the number of shares sold to the public and as a proportion of the total share capital i.
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If you have the time and grit to conduct your own search, a no-fee apartment is a cost-saving option. When you're renting an apartment in New York City, there are some pretty big financial hurdles to overcome: In addition to the first month's rent, you typically need to put down a security deposit. Then there's the dreaded broker fee, which usually ranges from 12 to 15 percent of your annual rent, although sometimes it can be as little as one month. There was some drama recently about a broker fee ban, but you still have to pay it, for now anyway. Broker fees are paid to agents who help you find an apartment. A tech-savvy real estate brokerage founded by a pair of Yale grads in response to the frustrating apartment searches of classmates and colleagues, Triplemint will charge a broker's fee of 10 percent of a year's rent versus the usual 12 to 15 percent if the apartment is an "open" listing versus an "exclusive" listing where the fee is split with the broker holding the listing.
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All The U.S. Cities & States Where You Can (Legally) Celebrate National Nude Day
Walk along the coastline of Waiheke Island and you may stumble upon a nude beach. But who decides if a beach is nude or not, and why do people like getting naked in winter? Glenn McConnell reports. They pop up out of the woods without warning. Even in the middle of winter, when the clothed beaches remain almost empty and people steer clear of the Hauraki waters, you will still find a few bare bottoms on Waiheke's Little Palm Beach.
In the British Islands , any household watching or recording live television transmissions as they are being broadcast is required by law to hold a television licence. This applies regardless of transmission method, including terrestrial , satellite , cable , or internet streaming. The television licence is the instrument used to raise revenue to fund the BBC ; it is a form of taxation. Businesses, hospitals, schools and a range of other organisations are also required by law to hold television licences to watch and record live TV broadcasts. The radio part was abolished in February