The Public Issue Initial public offering (IPO)/Unseasoned New Issue ---The first public equity issue that is made by a company. Seasoned new issue ----A new issue where the company's securities have been previously issued. slide 4slide 4 The Public Issue The Public Issue ƒ Initial public offering (IPO) / Unseasoned New Issue ---- The first public equity issue that is made by a company. ƒ Seasoned new issue ---- A new issue where the company’s securities have been previously issued