diff --git a/src/Corporation/Actions.ts b/src/Corporation/Actions.ts
index bf13b6d33..a16f8bdd0 100644
--- a/src/Corporation/Actions.ts
+++ b/src/Corporation/Actions.ts
@@ -16,6 +16,7 @@ import { ResearchMap } from "./ResearchMap";
 import { isRelevantMaterial } from "./ui/Helpers";
 import { checkEnum } from "../utils/helpers/enum";
 import { CityName } from "../Locations/data/CityNames";
+import { getRandomInt } from "../utils/helpers/getRandomInt";
 
 export function NewIndustry(corporation: Corporation, industry: IndustryType, name: string): void {
   if (corporation.divisions.find(({ type }) => industry == type))
@@ -90,6 +91,33 @@ export function IssueDividends(corporation: Corporation, rate: number): void {
   corporation.dividendRate = rate;
 }
 
+export function IssueNewShares(corporation: Corporation, amount: number): [number, number, number] {
+  const max = corporation.calculateMaxNewShares();
+
+  // Round to nearest ten-millionth
+  amount = Math.round(amount / 10e6) * 10e6;
+
+  if (isNaN(amount) || amount < 10e6 || amount > max) {
+    throw new Error(`Invalid value. Must be an number between 10m and ${max} (20% of total shares)`);
+  }
+
+  const newSharePrice = Math.round(corporation.sharePrice * 0.9);
+
+  const profit = amount * newSharePrice;
+  corporation.issueNewSharesCooldown = CorporationConstants.IssueNewSharesCooldown;
+
+  const privateOwnedRatio = 1 - (corporation.numShares + corporation.issuedShares) / corporation.totalShares;
+  const maxPrivateShares = Math.round((amount / 2) * privateOwnedRatio);
+  const privateShares = Math.round(getRandomInt(0, maxPrivateShares) / 10e6) * 10e6;
+
+  corporation.issuedShares += amount - privateShares;
+  corporation.totalShares += amount;
+  corporation.funds = corporation.funds + profit;
+  corporation.immediatelyUpdateSharePrice();
+
+  return [profit, amount, privateShares];
+}
+
 export function SellMaterial(mat: Material, amt: string, price: string): void {
   if (price === "") price = "0";
   if (amt === "") amt = "0";
diff --git a/src/Corporation/Corporation.tsx b/src/Corporation/Corporation.tsx
index c7e2f2381..6f0d71595 100644
--- a/src/Corporation/Corporation.tsx
+++ b/src/Corporation/Corporation.tsx
@@ -225,6 +225,12 @@ export class Corporation {
     this.sharePrice = this.getTargetSharePrice();
   }
 
+  calculateMaxNewShares(): number {
+    const maxNewSharesUnrounded = Math.round(this.totalShares * 0.2);
+    const maxNewShares = maxNewSharesUnrounded - (maxNewSharesUnrounded % 10e6);
+    return maxNewShares;
+  }
+
   // Calculates how much money will be made and what the resulting stock price
   // will be when the player sells his/her shares
   // @return - [Player profit, final stock price, end shareSalesUntilPriceUpdate property]
diff --git a/src/Corporation/ui/modals/IssueNewSharesModal.tsx b/src/Corporation/ui/modals/IssueNewSharesModal.tsx
index 944d58203..306c9f9aa 100644
--- a/src/Corporation/ui/modals/IssueNewSharesModal.tsx
+++ b/src/Corporation/ui/modals/IssueNewSharesModal.tsx
@@ -2,13 +2,12 @@ import React, { useState } from "react";
 import { numeralWrapper } from "../../../ui/numeralFormat";
 import { dialogBoxCreate } from "../../../ui/React/DialogBox";
 import { Modal } from "../../../ui/React/Modal";
-import { getRandomInt } from "../../../utils/helpers/getRandomInt";
-import { CorporationConstants } from "../../data/Constants";
 import { useCorporation } from "../Context";
 import Typography from "@mui/material/Typography";
 import { NumberInput } from "../../../ui/React/NumberInput";
 import Button from "@mui/material/Button";
 import { KEY } from "../../../utils/helpers/keyCodes";
+import { IssueNewShares } from "../../Actions";
 
 interface IEffectTextProps {
   shares: number | null;
@@ -18,8 +17,7 @@ function EffectText(props: IEffectTextProps): React.ReactElement {
   const corp = useCorporation();
   if (props.shares === null) return <></>;
   const newSharePrice = Math.round(corp.sharePrice * 0.9);
-  const maxNewSharesUnrounded = Math.round(corp.totalShares * 0.2);
-  const maxNewShares = maxNewSharesUnrounded - (maxNewSharesUnrounded % 1e6);
+  const maxNewShares = corp.calculateMaxNewShares();
   let newShares = props.shares;
   if (isNaN(newShares)) {
     return <Typography>Invalid input</Typography>;
@@ -55,8 +53,7 @@ interface IProps {
 export function IssueNewSharesModal(props: IProps): React.ReactElement {
   const corp = useCorporation();
   const [shares, setShares] = useState<number>(NaN);
-  const maxNewSharesUnrounded = Math.round(corp.totalShares * 0.2);
-  const maxNewShares = maxNewSharesUnrounded - (maxNewSharesUnrounded % 1e6);
+  const maxNewShares = corp.calculateMaxNewShares();
 
   const newShares = Math.round((shares || 0) / 10e6) * 10e6;
   const disabled = isNaN(shares) || isNaN(newShares) || newShares < 10e6 || newShares > maxNewShares;
@@ -64,27 +61,8 @@ export function IssueNewSharesModal(props: IProps): React.ReactElement {
   function issueNewShares(): void {
     if (isNaN(shares)) return;
     if (disabled) return;
+    const [profit, newShares, privateShares] = IssueNewShares(corp, shares);
 
-    const newSharePrice = Math.round(corp.sharePrice * 0.9);
-    let newShares = shares;
-
-    // Round to nearest ten-millionth
-    newShares = Math.round(newShares / 10e6) * 10e6;
-
-    const profit = newShares * newSharePrice;
-    corp.issueNewSharesCooldown = CorporationConstants.IssueNewSharesCooldown;
-
-    // Determine how many are bought by private investors
-    // If private investors own n% of the company, private investors get up to 0.5n% at most
-    // Round # of private shares to the nearest million
-    const privateOwnedRatio = 1 - (corp.numShares + corp.issuedShares) / corp.totalShares;
-    const maxPrivateShares = Math.round((newShares / 2) * privateOwnedRatio);
-    const privateShares = Math.round(getRandomInt(0, maxPrivateShares) / 1e6) * 1e6;
-
-    corp.issuedShares += newShares - privateShares;
-    corp.totalShares += newShares;
-    corp.funds = corp.funds + profit;
-    corp.immediatelyUpdateSharePrice();
     props.onClose();
 
     let dialogContents =
diff --git a/src/Netscript/RamCostGenerator.ts b/src/Netscript/RamCostGenerator.ts
index 296c22e53..ed631a5f7 100644
--- a/src/Netscript/RamCostGenerator.ts
+++ b/src/Netscript/RamCostGenerator.ts
@@ -373,6 +373,7 @@ const corporation = {
   unlockUpgrade: 0,
   levelUpgrade: 0,
   issueDividends: 0,
+  issueNewShares: 0,
   buyBackShares: 0,
   sellShares: 0,
   getBonusTime: 0,
diff --git a/src/NetscriptFunctions/Corporation.ts b/src/NetscriptFunctions/Corporation.ts
index cd51a3075..f34c142ad 100644
--- a/src/NetscriptFunctions/Corporation.ts
+++ b/src/NetscriptFunctions/Corporation.ts
@@ -24,6 +24,7 @@ import {
   UnlockUpgrade,
   LevelUpgrade,
   IssueDividends,
+  IssueNewShares,
   SellMaterial,
   SellProduct,
   SetSmartSupply,
@@ -820,6 +821,21 @@ export function NetscriptCorporation(): InternalAPI<NSCorporation> {
       if (!corporation.public) throw helpers.makeRuntimeErrorMsg(ctx, `Your company has not gone public!`);
       IssueDividends(corporation, rate);
     },
+    issueNewShares: (ctx) => (_amount) => {
+      checkAccess(ctx);
+      const corporation = getCorporation();
+      const maxNewShares = corporation.calculateMaxNewShares();
+      if (_amount == undefined) _amount = maxNewShares;
+      const amount = helpers.number(ctx, "amount", _amount);
+      if (corporation.issueNewSharesCooldown > 0) throw new Error(`Can't issue new shares, action on cooldown.`);
+      if (amount < 10e6 || amount > maxNewShares)
+        throw new Error(
+          `Invalid value for amount field! Must be numeric, greater than 10m, and less than ${maxNewShares} (20% of total shares)`,
+        );
+      if (!corporation.public) throw helpers.makeRuntimeErrorMsg(ctx, `Your company has not gone public!`);
+      const [funds] = IssueNewShares(corporation, amount);
+      return funds;
+    },
     getDivision: (ctx) => (_divisionName) => {
       checkAccess(ctx);
       const divisionName = helpers.string(ctx, "divisionName", _divisionName);
diff --git a/src/ScriptEditor/NetscriptDefinitions.d.ts b/src/ScriptEditor/NetscriptDefinitions.d.ts
index ff09b105d..63fe874e5 100644
--- a/src/ScriptEditor/NetscriptDefinitions.d.ts
+++ b/src/ScriptEditor/NetscriptDefinitions.d.ts
@@ -7545,6 +7545,11 @@ export interface Corporation extends WarehouseAPI, OfficeAPI {
    * @param rate - Fraction of profit to issue as dividends. */
   issueDividends(rate: number): void;
 
+  /** Issue new shares
+   * @param amount - Number of new shares to issue, will be rounded to nearest 10m. Defaults to max amount.
+   * @returns Amount of funds generated for the corporation. */
+  issueNewShares(amount?: number): number;
+
   /** Buyback Shares
    * @param amount - Amount of shares to buy back. */
   buyBackShares(amount: number): void;