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Bright Green to flashing red: 2022's first direct listing plummets after explosive early trading

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Last month, early-stage US cannabis producer Bright Green (BGXX) completed the first direct listing of 2022, and began trading on the Nasdaq at a market cap of more than $1 billion. Despite registering nearly 100% of its shares, Bright Green...read more

Updated: Renaissance Capital's 2021 US IPO Market Review

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2021 IPO Market Makes History as the Busiest Year in Two Decades The 2021 IPO market was one for the history books. A stunning 397 IPOs raised $142.4 billion in the busiest year by deal count...read more

Direct to market: Squarespace and ZipRecruiter set to complete back-to-back direct listings

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The direct listing space is expected to see some activity. Website creation platform Squarespace (SQSP) and online job marketplace ZipRecruiter (ZIP) are scheduled to direct-list on the NYSE this week and next, respectively....read more

Updated: Renaissance Capital's 1Q 2021 US IPO Market Review

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Explosive IPO Market Delivers the Busiest Quarter Since 2000 The US IPO market produced its busiest quarter in over two decades, with 100 IPOs raising $39.2 billion. Fueled by momentum from...read more