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Updated: Renaissance Capital's 2023 US IPO Market Review

ARM

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...read more

US IPO Market Update - November 2023 (Video)

IPO

Renaissance Capital's Director of Research, Nick Einhorn, and Senior IPO Market Strategist, Matt Kennedy, discuss the state of the US IPO market halfway through the fourth quarter of 2023. ...read more

Renaissance Capital's October IPO Market Update

BIRK

Eleven traditional US IPOs raised a combined $2.0 billion in October, joined by one direct listing. Activity continued to fall well below the historical 10-year average (23 IPOs, $6.4B). The month's listings were led by European shoemaker Birkenstock (BIRK), which raised $1.5 billion (75% of October proceeds) in ...read more

US IPO Week Ahead: No deals scheduled for the upcoming week

BIRK

There are currently no deals scheduled for the upcoming week as the IPO market pauses to digest a lackluster performance from Birkenstock (BIRK). However, some small issuers may join the calendar late. The prominent sandal marker’s shares tumbled 13% during its inaugural trading day, before finishing the week down 21%. Meanwhile, the calendar remains empty...read more