CPE Analytics (1.12.2022) – Initial public offerings (IPOs) on the Canadian stock exchanges reached record number of IPOs and amount raised. 171 IPOs completed on the four Canadian Exchanges raising $10.18 billion in 2021, according to Canada’s only comprehensive IPO report published by CPE Analytics, a Division of CPE Media & Data Company.
Excluding Capital Pool Company (CPC) and Special Purpose Acquisition Corporation (SPAC), 77 IPOs completed on the Exchanges, raising $9.23 billion.
Highlights
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- TSX led all Exchanges in number of non-CPC/SPAC IPOs and total amount, with 35 IPOs for $8.80 billion.
- CSE ranked second in number of non-CPC/SPAC IPOs, with 26 IPOs accounting for 34% of all non-CPC/SPAC IPOs.
- 13 Private Equity (PE) backed IPOs raised $4.53 billion representing 44% of total amount raised by all IPOs or 49% of total amount raised by all non-CPC/SPAC IPOs.
- BC led both numbers of all IPOs and non-CPC/SPAC IPOs with 90 and 38 respectively.
- Ontario led the amount raised with $6.69 billion from 55 all IPOs or $6.26 billion from 29 non-CPC/SPAC IPOs.
- 7 non-Canada based IPOs: 4 from US, 1 each from UK, Singapore and Chile.
- Mining led all non-CPC/SPAC IPOs with 30 IPOs, accounting for 39% of 77 non-CPC/SPAC IPOs.
Full News Release (Newswire)
https://www.newswire.ca/news-releases/2021-canadian-exchange-ipos-set-10-2b-record-from-171-ipos-806911252.html
Report