Global Finance: Corporate Finance Experts Say Going Public is Cool this Summer; That’s Not the Case for a Billionaire Hedge Fund Manager’s Overhyped IPO
August 1, 2024
Europe, the Middle East, India, and Africa (EMEIA) saw a 45% increase in IPOs and an 84% rise in proceeds during the first half of 2024. During the same timeframe, the Americas experienced a 14% increase in IPOs and a 75% increase in proceeds. “Year-over-year, the trends suggest there will be more US IPOs in 2024 than in 2023,” said Ryan Coombs, a partner in O’Melveny’s Capital Markets Practice. “I think the US IPO pipeline will continue to reflect the market’s preference for businesses with quality financials and demonstrated growth opportunities.”
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