Amid elections, geopolitical tension, high interest rates, and wider economic uncertainty, a robust U.S. stock market has seen Initial Public Offering (IPOS) activity skyrocket this year. Proceeds raised through IPOs on U.S. exchanges during the first three quarters of the year exceeded 2023’s full-year performance.
Across 121 deals, IPO proceeds have raised $27.3 billion, including 17 deals that raised more than $500 million, 12 deals raising more than $100 million, and one deal raising over $5 billion, the largest of the year.
Globally, a total of 551 new listing deals raised a combined total of $52.2 billion during the first half of the year. Capital funding deals have been declining, with the first six months of the year registering a 12% decline in new IPO capital. In total, year-over-year proceeds have fallen by 16% in 2024.
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