SEC Allows IPO Registration Without Set Offering Price During U.S. Government Shutdown, Bloomberg Reports

According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) has issued guidance permitting companies pursuing an IPO to file registration filings during a government shutdown without designating a fixed offering price, a measure intended to reduce procedural bottlenecks for issuers while agencies operate with limited resources.

The guidance emphasizes that this administrative flexibility does not relieve issuers of disclosure obligations; the SEC retains the authority to question or require amendments to financial statements and risk disclosures, so market participants should treat this as a timing accommodation rather than a substantive change to reporting standards.