What does it mean for a company to have a secondary offering of stock?

What does it mean for a company to have a secondary offering of stock? by @R44D

Answer by Raad Ahmed:

A Secondary Offering is when new stock is issued for public sale that has already gone through an IPO, usually with the aim of refinancing or raising capital for expansion.

Source: The Startup Dictionary | LawTrades

What does it mean for a company to have a secondary offering of stock?

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