Here's a step-by-step overview of the SEO process:
Repaying maturing corporate bonds or high-interest bank loans to optimize the leverage ratio and improve credit ratings. seasoned equity offerings
There are two primary types of SEOs:
:
| Feature | | Non-Dilutive SEO (Secondary Offering) | | :--- | :--- | :--- | | Who sells shares? | The company itself | Existing shareholders (e.g., founders, VCs, early investors) | | Where does money go? | To the company’s balance sheet | To the selling shareholders | | Dilution? | ✅ Yes – increases total shares outstanding | ❌ No – total shares unchanged | | Typical reason | Raise capital for investment, acquisitions, debt paydown | Provide liquidity for early investors or adjust ownership | Here's a step-by-step overview of the SEO process: