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Global IPO market overview

Global IPO markets made steady gains in 2024, with IPO proceeds increasing compared to the previous year as the high interest rates that had disrupted major markets began to ease. After a challenging 2023 where global IPO...more

Global IPOs: Seeking signs of stabilization

Resetting expectations - It was clear in the opening months of 2022 that the winds had changed for the global IPO market as compared to the prior year, a rocky path that continued throughout the year and into the first...more

European IPO activity proved strong, led by e-commerce and tech listings

While IPO activity was robust throughout Europe, the Nordic region stood out - It was a blockbuster year for IPOs of European firms, following the global trend. In total, 476 European firms listed last year, excluding...more

FCA SPAC Consultation – Draft Rules Published

The FCA has today published a consultation paper proposing changes to the Listing Rules applicable to Special Purpose Acquisition Vehicles (SPACs). The FCA's main proposal is to remove the existing presumption in the...more

UK Listings Review – Recommendations published – SPACs and more

Lord Hill today published his recommendations following the UK Listings Review Call for Evidence in November 2020. The recommendations cover the Listing Rules applicable to Special Purpose Acquisition Companies (SPACs),...more

Direct listings—something new, or variations on a theme?

There has been a lot of publicity and interest surrounding the direct listings of Spotify (2018) and Slack (2019) in the United States. In many respects, these transactions resemble the traditional "introduction" which has...more

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