ANALYSIS: COVID-19 Extends SEC Deadlines, Adds to IPO Risks

The coronavirus originating in Wuhan, China, has begun changing the way people live, work, and do business around the world. In the U.S., the Securities and Exchange Commission has responded to the COVID-19 outbreak by conditionally extending some of its filing deadlines for public companies experiencing coronavirus-related disruptions to their operations. Startups that have filed with the SEC to take their companies public have taken note of this new, uncertain environment by disclosing the material, adverse risks that COVID-19 poses to their businesses.

For publicly registered U.S. companies, the SEC is giving registrants affected by the coronavirus more time to ...