Answer:
C) sold in an IPO
Explanation:
When a company goes public for the first time, they sell their shares through an IPO (initial public offering) to outside investors. One of the reasons why a an initially private companies may decide to go public is when it starts to expand its operations and there is a need for external financing to continue growing . Another reason for seeking public funding is to put it towards research and development that a company needs to grow and keep making money.
