Which of the following statements are true about Initial Public Offerings (IPOs)? (Select all that apply; two of the answers below are correct.)

Group of answer choices

In an IPO, a company lists directly on a stock exchange without the help of an underwriter, and does NOT create any new shares.

An IPO is one way that a privately held company can become publicly traded.

IPOs are typically "underwritten" by one or more investment banks, and involve the creation and sale of new shares to the public.

In an IPO, a company sells a new cryptocurrency to the public in order to raise money.

No answer text provided.