A survey of 150+ executives found post-IPO litigation risk, especially class
actions, is the top deterrent to US listings, followed by the IPO process and
regulatory burdens. The trend has contributed to a 50% decline in US-listed
since companies 1996. The report also noted disclosure requirements can create
liability risks. The US IPO market remains weak versus 2021 peaks, though
potential listings such as SpaceX could support a recovery.