When a public company receives the certificate of incorporation, this implies that

Answer Details

When a public company receives the certificate of incorporation, it means that it is legally recognized and can start its business
operations.
The certificate of incorporation is a legal document relating to the formation of a company or corporation. It is a
license to form a corporation issued by the state government or, in some jurisdictions, by non-governmental entity/corporation.
Its precise meaning depends upon the legal system in which it is used.