Seedling Plant Science Invented a Drought Resistant Grass Seed That

Seedling Plant Science invented a drought resistant grass seed that only needs watering three times each year. In order to expand distribution worldwide, the company whose product produces lush green foliage needs a large amount of funding-fast! The handful of seed scientists that own the company decide to offer shares of stock to general investors. This first-time offering is a(n)

A) Stock Equity Commission (SEC) .
B) Stock Fund Offering (SFO) .
C) Broad-Based Offering (BBO) .
D) Initial Public Offering (IPO) .

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