On Oct. 9, 2025, the staff of the SEC’s Division of Corporation Finance (Staff) updated its government shutdown guidance. The updated guidance provides a way for companies to commence an initial public offering during the...more
On Oct. 1, 2025, the United States government shut down and the U.S. Securities and Exchange Commission (SEC) entered operation in an extremely limited capacity, with limited SEC staff members (Staff) only available to...more
Despite the challenges posed by COVID-19, 2020 saw an eruption of IPOs by special purpose acquisition companies (SPACs), used to raise nearly $79 billion from investors. The Wall Street Journal reports that the trend is...more