EU set to overhaul listing rules as competition for tech IPOs intensifies July 5, 2022 The European Union is looking to overhaul listing rules to allow founders to retain more control after going public, in a bid to tempt more tech firms into floating in the bloc.
AIM IPOs fall to lowest level since 2009 with just one in Q2 2022 June 29, 2022 The UK’s Alternative Investment Market had the lowest number of IPOs since 2009 in 2022’s second quarter. Only one company floated in Q2 and raised £6m, research by accountancy group UHY Hacker Young found. The last quarter to experience IPO activity this low was the first quarter of 2009, following the start of the financial crisis, [...]
Fast growing UK firms shelve IPO plans amid market turbulence June 29, 2022 Fast growing UK firms are shelving plans for initial public offerings in droves as a looming recession and inflationary pressures batter public markets, a survey has revealed.
Lethal mix of inflation and interest rates cause value of IPOs to nosedive by staggering 90 per cent June 27, 2022 Businesses have endured challenging times recently, largely caused by external world events. Because of this, investor appetite has decreased for IPOs. In fact, rising inflation and interest rates have caused the value of initial public offerings in the US and Europe to fall by a staggering 90 per cent this year. Despite these obstacles 157 [...]
London IPOs in decline since Brexit vote as British companies flock to New York June 24, 2022 London’s IPO market share has dropped since the Brexit vote as British companies seek to list in New York. Listings in the UK are at their lowest in over 10 years despite the government relaxing some rules to attract IPOs and make London a post-Brexit listings favourite. IPO activity in the country dropped to about [...]
Weekend read: The SPAC bubble is bursting, argues Syz Bank’s investment chief June 11, 2022 With monetary policies tightening, speculative bubbles are bursting one after the other. SPACs are no exception. As a reminder, a SPAC, or Special Purpose Acquisition Company, is a company with no operational activity – an empty shell – that raises funds on the stock market with the sole objective of making an acquisition or acquisitions. [...]
Mishcon de Reya delays IPO for the ‘foreseeable future’ June 8, 2022 London law firm Mishcon de Reya has put its plans to float on the stock exchange on hold, after saying it plans to set them aside for the “foreseeable future”. The Silver Circle firm said it had decided to scrap its plans for an initial public offering (IPO) due to current “market conditions”. In a [...]
Exclusive: UK median share price on LSE races past US stocks with energy firms performing worst after public listing June 6, 2022 IPOs are an exciting prospect for investors, as companies with strong potential are key to any investment strategy or as an attribute to a portfolio. However, the turbulent stock exchange market means that investors need to be very aware of where IPOs are launching and where they are likely to perform best to avoid an [...]
Western IPOs plummet in value as war in Ukraine triggers volatile conditions for businesses June 6, 2022 The value of US and European IPOs has tumbled 90 per cent this year amid conflict in Ukraine, with rising inflation and interest rates.
Exclusive: FCA not ‘selling out’ on premium listings, which could spur biotech sector, argues City lawyer May 31, 2022 The FCA’s proposed reforms to the UK’s listing regime, published last week, could help spur the biotech and technology sectors, a senior City lawyer has told City A.M. In the plans, the FCA has outlined how it plans to make the rules companies must follow in order to be allowed to list their shares in the [...]