"Activity from SPACs announcing their target was the highlight for May; the most active month for SPAC merger announcements this year with a total of nineteen. Market volatility continued to impact new IPO filings but amendments to IPO registration statements in May give us hope that companies including Fogo Hospitality, Claire's, Steinway, and Savers Value will start a Q3 IPO heatwave."
Craig Clay, President, Donnelley Financial Solutions
Congratulations to the 12 issuers in May who made their public debut via an IPO and the 7 companies who made their public debut via a SPAC merger including our clients:
- PepGen
- ProFrac
- Bausch + Lomb
- Eve Holding
- Comera Life Sciences
- BioTe Corp
