A more thorough explanation:

A special offering is a type of offering where a large block of stock is sold in a unique way on the stock exchange. It is a type of public offering, which means it is available to the general public.

For example, if a company wants to sell a large amount of its stock, it may choose to do a special offering. This is because the size of the block of stock and the market for that particular stock may require special handling on the stock exchange.

Another example of a type of offering is a private offering. This is when a company only offers its stock to a small group of interested buyers. This is different from a public offering, which is available to anyone.

These examples illustrate the different types of offerings that companies can use to sell their stock. A special offering is a specific type of public offering that is used when a large block of stock needs to be sold in a unique way.