First half of 2021 Canadian IPOs set new fundraising record

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By CPE Analytics

CPE Analytics is pleased to release Canada’s only comprehensive analysis and reporting of Canadian initial public offerings (IPOs) for the first half (H1) of 2021.

88 IPOs completed on The Canadian Securities Exchange (CSE), Toronto Stock Exchange (TSX), TSX Venture Exchange (TSX Venture) and NEO Exchange (NEO), raising $6.92 billion in gross proceeds, or 47 IPOs for $6.27 billion, if CPC and SPAC IPOs were excluded.

Select First Half of 2021 Canadian IPO Highlights
11 Private Equity (PE) backed IPOs raised $4.33 billion representing 62% of total amount raised by all IPOs or 69% of total amount raised by all non-CPC/SPAC IPOS.
BC led both numbers of all IPOs and non-CPC/SPAC IPOs with 40 and 21 respectively.
Ontario led the amount raised with $4.11 billion from 31 IPOs or $3.96 billion from 19 non-CPC/SPAC IPOs.
15 Mining IPOs led in number of non-CPC/SPAC IPOs accounting for 32% of 47 non-CPC/SPAC IPOs. 7 of the 15 mining IPOs completed on the CSE.
Canaccord led all investment dealers in number of IPOs led or co-led.
Miller Thomson LLP led all law firms in number of IPOs.

Full New Release

First Half of 2021 Canadian IPO Report – an overview