you know how when you file for bankruptcy, you're legally required to notice (an artful term) any/all potential creditors that, if they believe they hold a legitimate debt, it could potentially be extinguished by the pending bankruptcy declaration without their claim ever having an opportunity to be heard (another artful term that goes hand-in-hand with 'notice')? same thing when you die and your estate is settled?

well this is like that, and its timeliness is actually the point. this is the process for which the IPO holders signed up. and at least part of its legal justfication is to not have entities offer ownership up to the public, with which ownership shares undisclosed/unknown debts, liabilities, or obligations could follow. it's certainly not a conspiracy.