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Nasdaq says the shutdown is paralyzing the IPO market — and the huge bottleneck of firms waiting to go public is getting worse

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Speaking at Davos, Nelson Griggs said that the shutdown means the SEC is unable to process the paperwork required for companies looking to go public.

 

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Companies Try to Skirt Shutdown’s IPO LimboThe monthlong government shutdown is forcing some companies to seek alternate routes to go public while the main markets regulator is unable to greenlight IPOs. There is not a compelling need to seek alternatives to public IPO. It's nonsense and childish to think or to spend any money otherwise. Wait the additional few weeks or months. It wasn't appropriate business plan or solid to begin with IF it can't withstand a few weeks or months.
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