2024 Marks a Solid but Underwhelming Year for IPO ActivityThe US IPO market continued to rebuild in 2024, closing out the year with 150 IPOs raising $29.6 billion. Despite a more than 50% increase in proceeds compared to last year, deal flow was still fairly...read more
US IPO Market Slowly Climbs to a Two-Year High IPO activity hit a two-year high in the second quarter of 2024 but still came in below expectations, with 39 IPOs raising a combined $8.9 billion as investors continued to warm up to new issuers while remaining...read more
Cruise operator Viking (VIK) led the week’s deals, completing the year’s largest US IPO to date. It was joined by a small uplisting and a blank check company.Viking Holdings priced an upsized deal above the midpoint to raise $1.5 billion at a...read more
Eighteen IPOs raised a combined $5.3 billion in April, above the 10-year historical average by deal count and proceeds (16 IPOs, $3.7B). It was the busiest month for both overall new issuance and $100+ million IPOs since November 2021. Nine deals raised $100...read more
Updated: Renaissance Capital's 2024 US IPO Market Review
2024 Marks a Solid but Underwhelming Year for IPO ActivityThe US IPO market continued to rebuild in 2024, closing out the year with 150 IPOs raising $29.6 billion. Despite a more than 50% increase in proceeds compared to last year, deal flow was still fairly...read more
Updated: Renaissance Capital's 2Q 2024 US IPO Market Review
US IPO Market Slowly Climbs to a Two-Year High IPO activity hit a two-year high in the second quarter of 2024 but still came in below expectations, with 39 IPOs raising a combined $8.9 billion as investors continued to warm up to new issuers while remaining...read more
US IPO Weekly Recap: Viking trades up after completing the year’s largest US IPO to date
Cruise operator Viking (VIK) led the week’s deals, completing the year’s largest US IPO to date. It was joined by a small uplisting and a blank check company.Viking Holdings priced an upsized deal above the midpoint to raise $1.5 billion at a...read more
Renaissance Capital's April IPO Market Update
Eighteen IPOs raised a combined $5.3 billion in April, above the 10-year historical average by deal count and proceeds (16 IPOs, $3.7B). It was the busiest month for both overall new issuance and $100+ million IPOs since November 2021. Nine deals raised $100...read more