Opalesque Industry Update - The Deal, TheStreet’s institutional business, has issued a quarterly report that shows the small-cap equity financing market surged in the fourth quarter of 2013 with a near doubling in the number of initial public offerings (IPOs) and double-digit growth in follow-on offerings and private investments in public equity (PIPEs), compared to the same period of 2012, as the broader equity markets touched new records. Special purpose acquisition companies (SPACs) completed four IPOs in the fourth quarter, unchanged from the year-earlier period, although the size of deals was larger. “Investor sentiment has improved along with the economy and has boosted the market for IPOs, follow-ons, and PIPEs” said Dan Lonkevich, Senior Editor for The Deal. “Given a steady market rise through the entirety of 2013, we have high hopes for the coming year, barring any unexpected changes to the current dynamic.” Some highlights from the report include:
The full report is available online. For more information on PrivateRaise, visit http://www.thedeal.com/privateraiseuser.php. Press Release BM
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Industry Updates
The Deal reports small-cap financing market surges; IPOs nearly double, follow-ons, PIPEs jump in Q4
Thursday, January 16, 2014
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