initial public offering
US /ɪˌnɪʃ.əl ˌpʌb.lɪk ˈɔːf.ər.ɪŋ/
UK /ɪˌnɪʃ.əl ˌpʌb.lɪk ˈɔːf.ər.ɪŋ/

1.
首次公开募股, IPO
the first sale of stock by a private company to the public
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The tech startup announced its initial public offering next month.
这家科技初创公司宣布下个月进行首次公开募股。
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Investors are eagerly awaiting the company's initial public offering.
投资者正焦急地等待该公司的首次公开募股。