APOs offer several benefits over traditional IPOs. For one, they are often quicker and less expensive. This is because they bypass many of the regulatory hurdles and fees associated with IPOs. They also allow companies to maintain greater control over the pricing and timing of the offering.

Furthermore, APOs can provide a more straightforward path to becoming a publicly traded company. This can be particularly beneficial for smaller companies that may not have the resources or the desire to go through the traditional IPO process.