The number of IPOs down worldwide in Q1 2022

321 companies made their debut on global markets in the first quarter of 2022, which means a decrease by 37 percent y/y. The value of IPOs fell by 51 percent y/y to $54.4 billion, according to the EY Global IPO Trends survey. There were no debuts in Poland at that time, except for two transfers to the WSE main market from NewConnect.

The slowdown in the IPO market is the result of geopolitical tensions and the ensuing macroeconomic uncertainty, rising commodity and energy prices, and the prospects of rising interest rates. The moderation of potential debutants should continue for the next few months, the authors of the report estimated.

"After record inflows into the initial public offering (IPO) markets in 2021, the first quarter of 2022 brought a cooling down of the economy. The first weeks of the year marked a continuation of the wave of IPOs from last year, and the value of IPOs in January 2022 was the highest in 21 years. The outbreak of the war in Ukraine and the ensuing increase in uncertainty among investors caused a sharp slowdown in the markets in the second half of February, which also affected the area of ​​initial offers," the press release reads.

(ISBnews)