The first two weeks of August were the busiest in new filings for IPOs in the US for that period since 2000, indicating that the market is about to reopen. This year’s IPO activity has been sparse, with only 21 deals priced. However, there are now 51 deals in the pipeline, up from 23 in July.
Almost 30 companies filed for IPOs in August, up from 17 in July and 11 in the first six months of the year.
According to Scott Sweet, senior managing partner and principal researcher of IPO Boutique, there are several reasons why new filings have surged. "With the exception of financial IPOs, the IPOs that have debuted...
