Episode 59
Biotech Hangout
00:00
Excel and the IPO Market: Will They Open the Floodgates?
The IPO market, I think its recovery will depend very much on what happens to the rest of the market. 62% of follow-ons that have been done thus far in 2023 that were 30 million or more are trading up at this point. And if you look at the larger cap issuers, so issuers with 500 million in cap or higher, 72% of those have traded up since the follow-on.
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