Corporate America Races to Beat IPO Clock With Shutdown Looming
- Issuers need to file this week to keep timelines on track
- Waystar, Hamilton Insurance submitted filings on Monday
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The scramble is on for companies that want to go public and sidestep the fallout from a potential US government shutdown.
The threat of a shuttered government could trigger a flurry of filings for initial public offerings this week as would-be issuers opt to push into a choppy market. Health-care payments software firm Waystar Holding Corp. and Hamilton Insurance Group Ltd. submitted filings on Monday despite underwhelming performances for the year’s most closely-watched US IPOs.