A company may choose to go private primarily to reduce the high costs and regulatory burdens associated with being publicly traded. Going private allows a company to avoid the expenses involved in complying with financial filings, government regulations, and maintaining investor relations necessary for a public company. It also frees management from the pressure of meeting short- term earnings expectations and allows them to focus more on long-term business growth and strategic goals without public scrutiny. Additionally, privatization helps keep sensitive financial and operational information out of public view and may reduce the risk of shareholder lawsuits and other litigation risks. Other reasons include gaining more control and operational independence as private ownership typically involves fewer shareholders, often allowing founders or new owners to retain full decision-making power. However, going private also means losing access to public capital markets and potentially relying on private equity or debt financing. In summary, companies go private to save costs, reduce regulatory complexities, escape market pressures, maintain privacy, and gain more managerial freedom, while trading off public market liquidity and capital access.