US IPO Market Slowly Rebuilds in 2023
After sinking to historic lows in the prior year, the US IPO market started to rebuild in 2023, laying the groundwork for the next upcycle. 108 IPOs raised a combined $19.4 billion, a slow year by historical standards but a significant increase from 2022. Issuance was weighed down by rate hikes, bank failures, and geopolitical turmoil, but...
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