Most US IPOs Remain In Limbo Despite SEC’s Shutdown Fix (1)

Companies looking to go public in the US before the Thanksgiving holiday seemingly got a boost when the market regulator made it easier for them to list as the government shutdown grinds on. Advisers say the path opened by the revised guidance isn’t likely to unlock more than a handful of listings.

In normal times, Ethos Technologies Inc. and crypto firm BitGo Holdings Inc. are among the handful of listing candidates that could’ve begun formally marketing their deals — a standard seven to nine day exercise that’s often tightly choreographed, with companies and their advisers in constant contact with the ...