Argentum 47 Inc (ARGQ)

[pennysforprofits]

According to SEC Staff level examiners, a reasonable expectation is to be able to go "effective" with an IPO registration statement within approximately five to six months following the initial S-1 filing. Review timing depends on the length and complexity of the S-1, including its exhibits, and the transaction as well as the workload associated with other companies being reviewed by the examining team (Legal and Corporation Finance) at the SEC. On a case by case basis, some IPO review periods can take much longer while others have been as short as under four months.

Importantly, SEC effectiveness is merely one hurdle in the IPO process. Market conditions, company performance and valuation expectations (among many other issues) can also impact IPO timing.

2016 was the weakest Tech IPO year since the internet bubble burst in the 90s. The fact that the S-1 for duo is filed, tells me that we are looking at January or February for them to begin selling on an exchange.