"A final squeeze on the company is that it will lose its status as an emerging company under the JOBS Act by the end of this year, which would make the IPO proc

"A final squeeze on the company is that it will lose its status as an emerging company under the JOBS Act by the end of this year, which would make the IPO process even more cumbersome. The act allows the company to use more lenient reporting standards about its finances and executive compensation—a potential problem for a company already dogged by governance concerns." It might also explain why they have been so pushing so aggressively for an IPO this year.