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.
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find our more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.