The IPO market had ground to a halt since September 2022. IPO interest was the worst in decades. A combination of hope fora new year and pent-up deals saw ten IPOs raise a combined $1.5 billion in February, which roughly in line with the 10-year median (10 IPOs, $1.3B). Significantly five issuers raised over $100 million, the most since November 2021. The biggest was integrated solar tracker and software solutions company Nextracker (NXT) raised $638 million at a $3.5 billion … Continue reading “US IPO Issuance in February the Most Since November 2021, Led by Solar Tracker Nextracker”