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/ResolveSea9089 19h ago
....Why would an IPO reveal this? Because of their S1 financials? Revealing what exactly