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The phrase "are going public" is correct and usable in written English.
It is typically used in the context of a company announcing its intention to offer shares to the public for the first time, often through an initial public offering (IPO).
Example: "After years of private funding, the tech startup announced that they are going public next month."
Alternatives: "will be listed publicly" or "are entering the stock market."
Exact(48)
So designers are going public.
And those that are going public, are showing restraint.
And far fewer of them are going public than before.
Now they are going public, at least temporarily.
And it is not just Asian companies that are going public in the region.
Money-losing technology companies are going public at you've-got-to-be-joking prices.
Similar(12)
But discounting is going public this year.
"We would be going public after 25-26 years. 25-26 years
Arrington: they'll be going public.
But in recent years they have been going public.
Reading, once the most private of acts, is going public.
More suggestions(2)
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com