NOT to be confused with an initial public offering (IPO), where a company offers its stocks to the public for the first time, an additional public offering (APO) is an additional opportunity provided to the public to purchase shares and invest in the company. This occurs when an already publicly listed entity offers more (additional) shares to the public on the secondary market. Indeed, an APO can be a crucial step in the growth of a business as it provides the company access to equity funds through the public capital market.

Highlighting some of the financial benefits of investing in an APO, Dania Palmer, who is also research manager at JN Fund Managers, a member company of the Jamaica National Group, said companies coming to the market to raise funds through an APO are usually targeting growth opportunities. If these opportunities prove successful, it can ultimately benefit investors.

https://www.jamaicaobserver.com/business/investing-in-an-apo-can-be-a-good-financial-strategy-says-research-analyst/