... evident. Foreign experience shows that as transparency and trust in the market increase, secondary offerings become a common occurrence: they enhance capitalization and liquidity in the sector. Investors should keep in mind that while participating in an SPO can be beneficial, it always carries market risks. The decision to purchase should be based on an analysis of the offering conditions, the issuer's financial indicators, and the overall market situation. A balanced approach and sound assessment will enable the use of SPOs as one of the effective ...

... This is particularly burdensome for medium and small companies that could diversify the issuer base. As long as the costs and risks of issuance remain high, many companies prefer to seek capital off-market or delay IPOs. Regulatory Barriers. Political ... ... advised to actively privatize stakes in large companies (e.g., Sberbank, VTB, Rosneft, etc.) and bring them to market through SPO or IPOs, thereby enriching the stock market. According to NAUFOR, the exit of private companies ('privatization') and the ...