The construction software company never moved on to the step of specifying how many shares would be sold or any estimated share price range.  The S-1 had financials for the year ended December 31 so they are stale for a prospectus and if Procore were to proceed it would probably have to amend the document to show results for the first half of 2020. Construction did take a hit because of the COVID-19 pandemic, so it was probably not an ideal time for a construction software company to hit the equity market. For example, Procore issued a press release in August that said the Canadian construction company was off 41 percent from March to April, but had begun recovering. It also published a report on U.S. jobsite activity, whose statistics include worker hours for the month of August compared to the week of March 1. That showed Delaware had the biggest drop—off 24 percent for the compared periods. Five states: Kentucky, Maryland, Mississippi, New Mexico and West Virginia in the 11- percent to 20-percent down category. Just to balance things out, five states had a-greater-than 30 percent increase for the same time: Georgia, North Dakota, Rhode Island,  Vermont and Wisconsin.