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0 0.0041407867494825 0.0041407867494825 -0.0017391304347826 -0.00414078674948231 0.00207039337474134 0.021742857142857 0.0207039337474121
Stock impact report

How companies are steering IPO plans amid U.S. government shutdown [BNN Bloomberg (Canada)]

Gossamer Bio, Inc. (GOSS) 
Last gossamer bio, inc. earnings: 3/24 07:00 am Check Earnings Report
Company Research Source: BNN Bloomberg
Biotech startup MapLight became the first company to file for a listing under the provision late on Monday. The U.S. market regulator has halted IPO reviews as the shutdown enters its second week. What happens to the SEC during a government shutdown According to its contingency plan, the U.S. Securities and Exchange Commission has furloughed over 90 per cent of its staff, retaining around 390 employees to handle critical enforcement actions and market monitoring. The agency, which oversees the public markets, will not process IPO filings during the shutdown, a move analysts say could stall momentum in a market recovering from a years-long slump. However, a provision under federal securities law allows companies to move ahead with IPOs without SEC review during the shutdown. What is the 20-day registration rule for IPOS? While companies typically wait for the SEC's approval before launching their IPOs, the rules provide a mechanism that allows issuers to declare their ow Show less Read more
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