The initial public offering (IPO) represents a stepping stone for rapid international expansion. Ventures may secure financial resources from stock market through IPO, thereby can expand international market. However, there is little research on the international expansion of newly public firm. This paper explored the factors that newly public firms engage in cross-border acquisition after IPO. Based on the resource-base view, we offer theoretical and empirical insights into how resources and networks affect a newly public firm’s strategic choices such as cross-border acquisition. Using 823 U.S. newly public firms with 2,714 acquisition transaction records from 1994 to 2016, we provide evidence that affiliation with financial institution(i.e, venture capitalists and private equity funds) and acquisition experiences positively affect the cross-border acquisition likelihood of a newly public firm. These results imply that newly public firms require knowledge and sufficient understanding of international market and international acquisition process to overcome liabilities of foreignness and newness in international acquisition transaction. Thus, the newly public firms with superior resources and capabilities are more likely to be able to afford to take risky behavior. This study suggest that IPOed firms need to account for not only growth opportunities but also their capabilities for international expansion as a growth strategy.