Renaissance Capital analyzes potential impact of SEC contingency plan on IPOs amid government shutdown fears By Investing.com
[ad_1]
© Reuters.
The U.S. Securities and Exchange Commission’s (SEC) contingency plan amidst concerns of a possible government shutdown could significantly impact Initial Public Offerings (IPOs), according to Riley Mullin of Renaissance Capital. The analysis, published on Wednesday, focuses on the potential effects on firms including Birkenstock, Smith Douglas Homes, and VNG Ltd.
Mullin also noted that the market performance of Arm Holdings (NASDAQ:) and Maplebear, also known as Instacart, further complicates the situation. The impact of the contingency plan extends to companies with a minimum $50 million market cap. This year has seen 78 IPOs and 130 filings so far.
Drawing parallels to the past, Mullin cited the December 2018 government shutdown and its consequential impact on IPO completions. The analysis also considered the influence of federal securities law and the upcoming Thanksgiving and year-end holidays.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
[ad_2]
Source link
© Reuters.
The U.S. Securities and Exchange Commission’s (SEC) contingency plan amidst concerns of a possible government shutdown could significantly impact Initial Public Offerings (IPOs), according to Riley Mullin of Renaissance Capital. The analysis, published on Wednesday, focuses on the potential effects on firms including Birkenstock, Smith Douglas Homes, and VNG Ltd.
Mullin also noted that the market performance of Arm Holdings (NASDAQ:) and Maplebear, also known as Instacart, further complicates the situation. The impact of the contingency plan extends to companies with a minimum $50 million market cap. This year has seen 78 IPOs and 130 filings so far.
Drawing parallels to the past, Mullin cited the December 2018 government shutdown and its consequential impact on IPO completions. The analysis also considered the influence of federal securities law and the upcoming Thanksgiving and year-end holidays.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
About The Author
