[cactus2093]

> Investors / boards are wanting to get money out before things turn south I feel.

How would you distinguish that motivation from "Investors / boards feeling that the business is in a strong position, and the worldwide uncertainty from the pandemic has stabilized enough to feel confident about continued growth, so they're ready to go public"?

Why assume such a negative viewpoint without giving any reasoning or arguments for it?

One other conflicting thing about your view, is that if filing now investors are still probably a year out from being able to sell their shares. If they thought things were about to turn south, that's a long time to wait. Surely it would be better for them to sell on a secondary offering and get out sooner if they were sure of that?