RYAN News

In 2021, 27 IPOs raised $1 billion or more, the biggest-ever crop of billion-dollar IPOs in a single year. While the largest issuers have historically outperformed the broader group average, that is not the case for 2021 IPOs. Of last year's 27 billion-dollar deals, just three are trading above issue (11%), and the group averages a -40% return, below the total 2021 average of -33%...read more

IPO Market Posts Another Record Quarter in a Record Year In the third quarter of 2021, 94 IPOs raised $27.6 billion, marking the busiest 3Q by deal count since 2000. Following an explosive second quarter, activity remained brisk before tapering off in the typically-slow month of August, and coming back strong after...read more

55 IPOs raised $15.5 billion in the most active July since 1999 and the biggest for proceeds ever. The month’s IPOs were joined by 26 SPACs. Healthcare was the most active sector with 25 IPOs, mostly biotechs, as well as medical device makers and health service providers. Robinhood Markets produced the largest deal, raising $2.1 billion. The month’s IPOs averaged a 9%...read more

IPO activity continued at a record pace this past week with 19 IPOs, marking the fourth week in 2021 with at least 17 US IPOs, the most since the year 2000. With the August lull around the corner, the pipeline saw less activity than usual; five IPOs and 13 SPACs submitted initial filings. Protein therapy platform Absci (ABSI) priced at the midpoint to raise...read more