In Reuters Article, Paul Tropp Discusses Factors Driving Record U.S. IPO Market

In The News
June 16, 2021

Reuters writes that U.S. IPOs broke an annual record during the first six months of 2021; the article quotes capital markets partner Paul Tropp (New York), who discusses one of the factors driving activity.

Paul explains that because of the surge in special purpose acquisition companies transactions, a lot of companies are thinking this is an opportune time to hit the public market and achieve attractive valuations, leading to private companies being more receptive and interested in pursuing a public option.