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Google and the underwriters have requested that the Securities and Exchange Commission declare the registration statement pertaining to Google's initial public offering of Class A common stock effective on Tuesday, August 17, 2004 at 4:00 p.m.
U.S. securities regulators on Tuesday did not give Google Inc. the green light it needs to price its initial public offering, extending the wait for its highly anticipated market debut.
The delay raises the possibility that Google's paperwork may be incomplete or contain errors, said Thomas Curran, an attorney with the law firm of Edwards & Angell LLP in New York. Twice this month the company told investors it may have run afoul of SEC regulations governing stock sales.
Full article @ Bloomberg [quote.bloomberg.com]