The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that it welcomed 79 new listings in the second quarter of 2014, including 55 initial public offerings (IPOs), on The NASDAQ Stock Market (NASDAQ), to bring its total IPO count to 99 for the first half of 2014. This represents more IPOs than any other U.S. exchange and a 57 percent increase in listings compared to the same quarter last year – marking the strongest first half of the year for NASDAQ listings since 2000. The combined proceeds raised by NASDAQ's IPOs in the second quarter totaled approximately $8.8 billion to bring its year-to-date proceeds raised to approximately $13.5 billion.
"NASDAQ is maintaining its leadership position by continuing to attract new and quality companies, which further reinforces the strength of our capital markets," said Nelson Griggs, Senior Vice President of listings at NASDAQ OMX. "We are extremely proud to be the exchange of choice for innovative companies seeking to go public from a broad range of sectors and we expect to see positive momentum in the IPO market for the remainder of the year."
SECOND QUARTER 2014 HIGHLIGHTS+
Venture Capital and Private Equity-backed IPOs
(+Data source: EDGAR Online, Renaissance Capital as of June 27, 2014)
|SECOND QUARTER 2014|
|TOTAL NEW LISTINGS (April 1, 2014 – June 30, 2014)*||79|
|Initial Public Offerings**||55|
|Upgrades from Over-the-Counter||15|
|ETF, Structured Products, Reverse Mergers & Other Listings||8|
|Transfers to NASDAQ from Competing Exchanges||1|
*Data source: NASDAQ, FactSet, EDGAR Online
**Includes the following capital raising events in the U.S. as priced between April 1, 2014 and June 27, 2014: IPO, REIT, SPAC, BDC, Foreign Exchange Dual Listing, Best Effort and Spin-offs
NASDAQ OMX NORDIC SECOND QUARTER 2014 HIGHLIGHTS
(Denmark, Finland, Iceland, Sweden)
"The first half of 2014 has been the strongest in our Nordic markets since 2007, both in terms of new listings and capital raised and across a wide range of sectors," said Adam Kostyál, Senior Vice President and head of European listings at NASDAQ OMX. "Year over year we have seen a 100 percent increase in listings and based on the current pipeline, the second half of 2014 will be equally strong. In addition, we continue to see interest among European companies, particularly within tech and life science, looking to raise capital at NASDAQ in the U.S. which has a favorable investor ecosystem for these specialty sectors."
*Including switches and secondary listings
***Nordic main markets and First North
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