PANews reported on October 10th that Bloomberg News reported that the US SEC has provided temporary guidance to IPO companies during the government shutdown: issuers can submit registration documents without specifying a specific offering price, which will automatically take effect after 20 days. This process does not rule out the possibility of subsequent Q&A or revisions. Currently, approximately 90% of staff have been furloughed, halting IPO reviews. Companies that have already filed, such as Navan , Andersen Group, and cryptocurrency custodian Bitgo, can use this information to advance their marketing efforts.
SEC provides temporary guidance for IPOs during government shutdown
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Author: PA一线
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