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What is the purpose of private firm in listing of a major stock exchange such as...

  1. What is the purpose of private firm in listing of a major stock exchange such as NASDAQ.
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The reason for Private firm listing on stock exchanges like NASDAQ Is basically raising money from public. By raising money from public ,firms try to expand, diversify ,acquisition,pay off debts,increase production etc.

Another reason for listing is to spread the risk of ownership among the large group of shareholders such that both profits and losses are shared by each and every shareholder .

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