News & Events

Partner John Ericson was quoted in a Bloomberg article titled "IPOs in Limbo as Shutdown Threatens Billions of Dollars of Deals," which discusses the impact of the U.S. government shutdown on the IPO market. With the U.S. Securities and Exchange Commission (SEC) largely non-operational during the shutdown, the article highlights the approaches firms are considering to delay their plans, as a prolonged shutdown could disrupt prepared timelines and potentially stall the stock market. "Clients who are going through IPOs are concerned about how long it might last and are trying to come up with game plans if it lasts longer than a few days," said John. The article further notes that while IPOs have been robust in 2025—raising over $33.4 billion through early October—a shutdown extending beyond the first week of October could significantly impact companies aiming to list before the Thanksgiving holiday, as John noted: "It’s tight just because there are limited windows from here to the end of the year to actually execute, just for market purposes."

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