If Zoom were still private, it would be emblematic of the type of company that could go public immediately after the markets stabilize following the coronavirus crisis, said Rick Kline, who co-leads Goodwin's capital markets group.
Companies whose businesses have been hit directly by the crisis or that are starting to see negative effects from it likely won't be able to go public until the first or second quarter of next year at the earliest, Kline said.The initial public offering market, which is pretty much closed right now for technology companies thanks to the coronavirus crisis, could reopen for a brief period after Labor Day, but only for a select few firms.
"I don't think anybody has a crystal ball to know what's going to happen in September, but I think the view is there may be a window, the typical post-Labor Day window, September, maybe early October," Kline said. "Nobody likes to highlight tailwinds from a pandemic," Kline said. But those companies that are getting those tailwinds, he continued, "would most easily access the window in September."By contrast, there are lots of other companies that may have been expecting to go public this year that likely won't be able to go out until the first or second quarter of next year at the earliest, he said.
Zoom is an American company, belonging to an American citizen. Just because he is a Chinese American, so Zoom has been banned in many places, what happened to the great America?
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