DFIN：2023年Q3美股IPO及上市公司报告（英文版）（19页）.pdf

1、IPO&PUBLIC LISTING REPORTby Q3 2023 The largest tech offering in years,ARM Holdings,raised$4.9 billion,making Q3 the busiest quarter by proceeds this year.Unicorns moved through the IPO pipeline,with Instacart and Klaviyo making their public debuts.All eyes are on inflation,market volatility,and the

2、 government shutdown and the impact it may have on exchange bells ringing in Q4.Craig ClayPresident of Global Capital Markets,DFINCongratulations to the 36 operating companies in Q3 who made their public debut via an IPO raising$8 billion and the 30 companies who made their public debut via a SPAC m

3、erger.Special congratulations to our clients:Abacus Life,Allurion Technologies,Arm Holdings,Bitcoin Depot,Calidi Biotherapeutics,Carmell Therapeutics,Cheche Group,Complete Solaria,Earlyworks,Electriq Power,Instacart,Mobile Infrastructure,Neumora Therapeutics,Nuvini,Pixie Dust Technologies,RayzeBio,R

4、oadzen,Turnstone Biologics,and VinFast Auto.2824201612840SEP22OCTNOVDECJANFEBMARAPRMAYJUNJULAUGSEP23VolumeTraditional IPOCompleted De-SPACDirect ListingPublic DebutsOperating Companies 2022-2023603003Q224Q221Q232Q233Q23VolumeTraditional IPOCompleted De-SPACDirect ListingNine companies withdrew their

5、 IPO registration in Q3 including Aleph Group,HomeSmart Holdings,KinderCare,REV Renewables,and Sedibelo Resources,who had$100M+placeholders.Only 22 companies who publicly filed their registration statement with a$100 million+placeholder remain in the IPO pipeline.Confidential filings have increased

6、over the past few months and should soon bring some much-needed volume to the public IPO pipeline.Seven of the 36 IPOs in Q3 were$100M+offerings.This is a slight decrease by volume for offerings of this size but an increase by proceeds from 2Q23.The remaining 29 offerings in the quarter were micro/n