The IPO year of 1-800 Flowers.com Inc. is 1999
Initial public offering is a type of public offering in which shares of a company usually are sold to institutional investors that in turn, sell to the general public, on a securities exchange, for the first time.
Through IPO a privately held company transforms into a public company. Initial public offerings are mostly used by companies to raise the expansion of capital, possibly to monetize the investments of early private investors, and to become publicly traded enterprises. A company selling shares is never required to repay the capital to its public investors. After the IPO, when shares trade freely in the open market, money passes between public investors.
Although IPO offers many advantages, there are also significant disadvantages, chief among these are the costs associated with the process and the requirement to disclose certain information that could prove helpful to competitors.
The IPO process is colloquially known as going public. Details of the proposed offering are disclosed to potential purchasers in the form of a lengthy document known as a prospectus. Most companies undertake an IPO with the assistance of an investment banking firm acting in the capacity of an underwriter. Underwriters provide several services, including help with correctly assessing the value of shares.
1-800-flowers.com, inc. is the world’s leading florist and gift shop. for more than 38 years, 1-800-flowers® (1-800-356-9377 or www.1800flowers.com) has been helping deliver smiles for our customers with gifts for every occasion, including fresh flowers and the finest selection of plants, gift baskets, gourmet foods, confections, candles, balloons and plush stuffed animals. as always, our 100% smile guarantee® backs every gift. 1-800-flowers.com was named a winner of the 2015 “best companies to work for in new york state” award by the new york society for human resource management (nys-shrm). the company’s bloomnet® international floral wire service (www.mybloomnet.net) provides a broad range of quality products and value-added services designed to help professional florists grow their businesses profitably. the 1-800-flowers.com “gift shop” also includes gourmet gifts such as premium, gift-quality fruits and other gourmet items from harry & david® (1-877-322-1200 or www.harryanddavid.