Middle Market IPO Cost Act

This bill requires a study of the costs small and medium-sized businesses face when going public through an initial public offering (IPO). The Comptroller General, working with the SEC and FINRA, must examine direct costs (like underwriter and accountant fees), compliance expenses, and how IPO costs compare to other financing options. The study will analyze impacts on capital formation, retail investor access to these stocks, and trends in IPO pricing and underwriting practices over time. A final report with findings and recommendations must be submitted to Congress within 360 days of the bill's enactment.