Upcoming IPOs to Watch This Wee

This week, several companies are set to make their stock market debut. According to Benzinga Pro, here’s what to expect:

• FBS Global Limited FBGL will go public on Oct. 14. The share price will range from $4.50 to $5.00, with a lock-up period of 180 days. They plan to offer 2,250,000 shares at $4.75 each.

What are IPOs?

Initial Public Offerings (IPOs) allow private companies to sell shares to the public. This helps them raise capital. To go public, a company must meet SEC rules and work with investment banks to set a price and date for the offering.

Once public, the stock has an opening price. A lock-up period is a set time after the IPO during which company insiders cannot sell their shares.

This content was created by Benzinga’s automated system and reviewed by an editor.