"Geopolitical uncertainty and market volatility froze IPO activity in February and is expected to continue for the remainder of Q1. As companies reassess market conditions, we expect a spring thaw that opens the IPO window for a healthier Q2."
Craig Clay, President, Donnelley Financial Solutions
Congratulations to the 35 issuers in February who made their public debut via an IPO raising just over $3 billion* including our clients:
- Arcellx
- Aurora Technology Acquisition
- GSR II Meteroa Acquisition
Separate congratulations to the 11 companies who made their public debut via a SPAC merger in February with an enterprise value of just under $13 billion including our clients:
- Fast Radius
- GreenLight Bio
- Inspirato
- Quanergy