Three different approaches are differentiated:

  1. Going Public (IPO – Initial Public Offering)
  2. Direct Public Offering (DPO, Listing)
  3. Reverse IPO (INSTANT IPO, RTO – Reverse Takeover)

The Going Public (IPO) describes the traditional pathway tot he stock exchange, the Direct Public Offering (DPO, Listing) the classic trading at the stock exchange and the Reverse IPO (RTO) the stock exchange shell transaction.