U.S. IPOs have raised $25.36 billion as of June 11, 2023, significantly surpassing the $18.22 billion raised during the same period in 2022 and $9.53 billion in 2021. This surge in IPO activity signals a market recovery, attributed to favorable investor sentiment and the Trump administration’s perceived regulatory support, according to Reuters.
Kat Liu, vice president at IPOX, noted that June’s successful IPOs and a robust pipeline of well-capitalized firms suggest a more active Q4 is forthcoming. The improving global trade landscape and rising expectations of interest rate cuts by the Fed are enhancing investor risk appetite, further fueling momentum in the IPO market.
