I thnk it is age hope it helps
The primary reason to issue stock is to raise money that will make the company grow bigger.
Hope this satisfies your query! Have a good one :)
The reason time is important is b/c if there’s too much delay in between the U.C.S and the C.S the learner may not make the connection. For acquisition you must introduced the C.S and as soon as thats presented quickly introduce the U.C.S so there is an overlap between those two
