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US Presidential Election Impact On IPO Market Timing

As the U.S. gears up for the presidential election in November, the resurgence of initial public offerings (IPOs) is expected to experience a brief slowdown. Market advisors and investors predict a temporary pause in IPO activities around the Nov. 5 election, although this is not anticipated to be a major disruption to the overall momentum of public listings. According to Mark Schwartz, Ernst & Young's Americas IPO and SPAC advisory leader, the election might create a timing shuffle for some IPOs, pushing some to late 2024 or into 2025, while others might move up their schedules. “Whether there's a bigger pull forward or a push back really depends on how the narrative continues to develop,” Schwartz told Bloomberg The IPO scene has regained some steadiness after a prolonged lull, with companies raising over $13.7 billion in the U.S. this year, surpassing ...