A private company, also known as a privately-held company, is an organization that is not publicly traded on stock exchanges. It is typically owned by a limited number of shareholders and its shares are not available for purchase by the general public. Private companies are not required to disclose their financial information to the same extent as public companies and often have more control over their operations and decision-making.
A public company, also known as a publicly-traded company, is an organization whose shares are traded on stock exchanges and available for purchase by the general public. Public companies must meet regulatory and reporting requirements, including disclosing financial information, to ensure transparency. They often have a larger and more diverse group of shareholders and are subject to more extensive oversight compared to private companies.
Conversion private into public company
Conversion public into private company
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