But now, US regulators want to bring them in line with conventional public listings.

但现在，美国监管机构希望让它们与传统的公开上市保持一致。

Few will relish a public listing that would raise capital at a more modest valuation.

很少有人会喜欢以更温和的估值筹集资金的公开上市。

There were 27 public listings in the last quarter of 2021, compared with two in the one just passed.

2021 年最后一个季度共有 27 家公司上市，而刚刚过去的那个季度只有两家。

The first is startup founders who grumble about the hefty fees charged by bankers to shepherd a public listing.

第一个是初创公司的创始人，他们抱怨银行家为引导公开上市而收取的高额费用。

Oyo, an online hotel aggregator, has delayed its public listing even as investors slashed its value by three-quarters, to $2.7bn.

在线酒店聚合商 Oyo 推迟了公开上市，尽管投资者将其估值削减了四分之三，至 27 亿美元。

The company was one of the hottest public listings of 2020, though with stock price has fallen since then amid a broad market cool off.

该公司是2020年最热门的上市公司之一，不过自那以来，随着市场普遍降温，其股价有所下跌。

Such drops usually only come to light during private funding rounds or public listings, when a firm raises capital in exchange for equity, or when a company changes hands.

这种下跌通常仅在私人融资轮或公开上市时才会显现，当公司筹集资金以换取股权时，或当公司易手时。