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Survey Includes Information on JOBS Act

Posted in IPO On-Ramp

In its recently released survey, 2013 BDO IPO Outlook, BDO included specific questions on the effect of the JOBS Act on the IPO market.  The report can be accessed here:  http://www.bdo.com/download/2432.  According to the survey, 42% of bankers surveyed responded that they saw no evidence that the JOBS Act had affected the IPO market positively; however, 28% of respondents noted that it was too early to make an assessment.  A significant number of those surveyed (48%) noted that institutional investors were reluctant to meet with companies in test-the-waters discussions until companies had filed publicly.