- (10/29/11) The IPO pipeline: There are 211 IPOs attempting to raise $52 billion, one of the largest pileups of deals in decades, says Renaissance. There have been just two IPOs since mid-August: a cosmetic medical company, Zeltiq Aesthetics, and wireless networking company, Ubiquiti Networks.
- Zeltiq (ZLTQ) and Ubiquiti Networks cut their price ranges 13% and 29%, respectively, from their original ranges, which made them more appealing to investors. Both deals are up more than 15% from their IPO prices.
- USA: Only 98 IPO deals priced so far this year, with 28 of them from small companies
- Globally: In the third quarter of this year there were 284 Initial Public Offerings. The Asia Pacific region accounted for 57% of these IPOs (source: Ernst & Young)
- 215 IPOs have been withdrawn or postponed globally so far this year (as of 9/11)
Top underwriters:
- Goldman Sachs: 6.8% market share, 39 deals (as of 9/11)
- Morgan Stanley" 6% market share, 50 deals (as of 9/11)
