2019 Q3 IPO Review

After Seeing through a Listing, Markets Want to See through the Listed Company

The third quarter IPO market has been calmer and more reflective after the excitement of Q2’s unicorn stampede. Internationally, listings have been postponed as valuations have often failed to live up to companies’ expectations and investors await resolution to the US-China trade tariff dispute and Brexit. That means plenty of activity waiting to be unleashed and time for exchanges to position themselves to compete for future business.

Equiniti has helped many client businesses to float and we are very aware of the opportunities but also the sometimes-radical changes required of public companies. In this review we look at the particular challenges of transparency: both as a regulatory and shareholder expectation but also as a transformative and beneficial cultural shift.