SEC Guidance Aims To Ease IPO Process During Shutdown

Ryan Adams, who formerly served as an SEC staff attorney in the Division of Corporation Finance, is quoted in Law360 regarding the SEC’s new shutdown guidance intended to keep the IPO market from stalling.

Ryan notes, ""With the latest SEC guidance from the Division of Corporation Finance, companies seeking to go public by removing the delaying amendment can utilize a price range instead of a fixed price, as you would normally do in a traditional IPO. This provides significant and unprecedented flexibility for companies filing registration statements during the government shutdown."

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