VTMX News

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

The US has long been a top choice for global companies looking to go public. Now that the IPO market is stirring, even foreign companies with trading history abroad are eyeing US listings, hoping for higher valuations and greater liquidity than local markets. The most recent example, UK-based chip designer Arm (ARM) returned to public markets this month, opting...read more

US IPO Market Gains Momentum in the 2Q In the second quarter of 2023, 23 IPOs raised a combined $6.6 billion. While deal count held steady from the prior-year period, quarterly proceeds were the highest in six quarters, even without J&J spin-off Kenvue's $3.8 billion IPO. Nine IPOs raised $100 million or more,...read more

No IPOs are currently scheduled to list in the week ahead, as markets take a break to celebrate the Fourth of July, although some small issuers may join the calendar during the week. A handful of deals are already scheduled for later in July, most notably aviation company Surf Air Mobility (SRFM), which is slated to complete the first direct listing of 2023. We...read more