In this discussion, Keith Canton, the Head of Americas Equity Capital Markets, and Gaurav Maria, the Head of U.S. Equity-Linked Capital Markets, delve into the IPO market's recent performance. They analyze the decline in IPO volumes, driven by market volatility and geopolitical tensions. The duo highlights innovative strategies within the convertible market and discusses the emerging sector diversity in IPOs. With cautious optimism, they explore factors that could spark a resurgence, including refinancing opportunities and market resilience.