The fall IPO calendar is heating up, with a slew of hotly-awaited companies, such as Rivian and InstaCart, on deck to list. Yet it’s already been a banner year for equity raises via the IPO process in the U.S. — on track to beat last year’s record.
As of the end of September, 19 companies raised more than $1 billion via IPOs on the Nasdaq and New York Stock Exchange. The top five are Coupang (CPNG), which raised $4.6 billion, DiDi Global (DIDI), which raised $4.4 billion, Bumble (BMBL),…
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