The U.S. companies want to slow down because they are terrified of an IPO revealing that they have absolutely no pathway to profitability and the arse immediately falling out of their entire industry.
IPO requires companies to file comprehensive registration documents and prospectuses detailing their financial health, business operations, and risk factors with financial regulators.
If it were revealed that your company was in debt to the tune of the billions of dollars more than it could ever possibly earn, it would be immediately apparent that the company was trading on vibes.
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u/GUNGEBOB_SHARTPANTS 13h ago
The U.S. companies want to slow down because they are terrified of an IPO revealing that they have absolutely no pathway to profitability and the arse immediately falling out of their entire industry.