The U.S. SEC provides temporary guidance for IPO companies during government shutdowns.

PANews October 10 news, according to Bloomberg, the U.S. SEC has provided temporary guidance for IPO companies during the government shutdown: issuers may submit registration documents without specifying an exact issuance price, and the documents will automatically take effect 20 days later; this process does not rule out the possibility of being required to answer questions or make revisions afterward. Currently, about 90% of staff are on leave, causing a halt in IPO reviews, and companies that have filed such as Navan, Andersen Group, and the crypto assets custody company Bitgo can promote their marketing based on this.

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