Nasdaq Welcomed 185 IPOs and 15 Exchange Transfers in 2019
December 16 2019 - 6:05AM
Nasdaq (Nasdaq: NDAQ) announced today that in 2019 The Nasdaq Stock
Market welcomed 185 initial public offerings (IPOs), raising a
total of $34.3 billion. With a 78 percent win rate in the U.S.
market, Nasdaq has extended its leadership to 24 consecutive
quarters. In addition to the successful year in IPOs, 15 companies
switched their corporate listings from the NYSE and IEX to join
Nasdaq, and eight companies issued 11 new bonds and transferred 37
existing bonds from the NYSE.
At the end of 2019, companies that listed on Nasdaq with an IPO
raised more proceeds than any other U.S. exchange, welcoming the
IPOs of Lyft Inc. (raised $2.34B), XP Inc. (raised $1.96B), Peloton
Interactive, Inc. (raised $1.16B), Change Healthcare, Inc. (raised
$807M), Zoom Video Communications, Inc. (raised $751M), and Datadog
Inc (raised $648M). Nasdaq led the IPO market with 10 of the top 15
U.S. IPOs by proceeds raised across all sectors in 2019.
“Nearly 80% of IPOs in the U.S. chose Nasdaq as their listing
partner. We are committed to providing best in class technology and
services for companies from private to public and at every stage of
their lifecycle, including the most efficient market model,
superior market analytics and advisory services, and access to our
world leading indexes,” said Nelson Griggs, President, Nasdaq Stock
Exchange.
2019 NASDAQ U.S. LISTINGS HIGHLIGHTS
- U.S. listings market leadership: Nasdaq
welcomed 185 IPOs, raising $34.3 billion. The total proceeds raised
by companies listing on Nasdaq with an IPO was the most on any U.S.
exchange, and the most on Nasdaq in the past decade.
- Leading U.S. exchange for Health Care, Financials,
Consumer, Technology and Sponsor-backed IPOs: Nasdaq
maintained its strong track record in sponsor-backed listings, with
a win rate of 88 percent in venture capital-backed IPOs and 60
percent in private equity-backed IPOs. Win rates for Health Care,
Financials, Consumer, and Technology sectors were 96 percent, 74
percent, 70 percent and 61 percent, respectively. Nasdaq also saw
continued success with enterprise technology deals, welcoming the
well-received listings of Zoom Video Communications, Inc., Datadog
Inc, and CrowdStrike Holdings.
- Continued momentum in listing transfers:
Nasdaq welcomed 15 switches from the NYSE and IEX in 2019,
representing a combined $212.5 billion in market value, including
Exelon Corp ($47.6B), Interactive Brokers Group ($23.4B), and CBS
Corp ($14.2B) with the completed merger of Viacom and CBS. The
total market value of all companies joining Nasdaq from NYSE since
2005 has exceeded $1.58 trillion.
- Significant strength in bond transfers: After
the launch of the Nasdaq Bond Exchange in 2018, eight companies
issued 11 new bonds and transferred 37 existing bonds from the New
York Stock Exchange in 2019 including Apple, Inc., Microsoft
Corporation, Booking Holdings Inc., and Fiserv, Inc.
About Nasdaq: Nasdaq (Nasdaq: NDAQ) is a
global technology company serving the capital markets and other
industries. Our diverse offering of data, analytics, software and
services enables clients to optimize and execute their business
vision with confidence. To learn more about the company, technology
solutions and career opportunities, visit us on LinkedIn, on
Twitter @Nasdaq, or at www.nasdaq.com.
Media Relations Contact:Emily Pan(646)
441-5120emily.pan@nasdaq.com
Bianca Fata(646) 441-5073bianca.fata@nasdaq.com
-NDAQG-
A video accompanying this announcement is available
at https://www.globenewswire.com/NewsRoom/AttachmentNg/50e82685-c41d-45a6-bf0c-af14d26f3a83
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