Skip to main content

Nasdaq Welcomed 300 IPOs and 21 Exchange Transfers in 2020

Written by Customer Service on . Posted in Public Companies.

Leading U.S. exchange by number of IPOs and proceeds raised for the second consecutive year
Largest year for IPOs on Nasdaq in the past decade by number of IPOs and proceeds raised$278 billion in market value switched to Nasdaq in 2020NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) announced today that in 2020 The Nasdaq Stock Market welcomed 300 initial public offerings (IPOs), raising a total of $77.86 billion. A total of 179 operating companies listed on Nasdaq in 2020, representing an 83 percent win rate in the U.S. market.* Nasdaq extended its leadership to 28 consecutive quarters. In addition to the successful year in IPOs, 21 companies switched their corporate listings from the NYSE to join Nasdaq, and four companies transferred 19 bonds from the NYSE.At the end of 2020, companies that listed on Nasdaq with an IPO raised more than any other U.S. exchange, including Airbnb (raised $3.49 billion), Royalty Pharma, (raised $2.17 billion), Warner Music Group (raised $1.92 billion), Eastern Bankshares (raised $1.79 billion), Maravai Lifesciences (raised $1.62 billion), Reynolds Consumer Products (raised $1.22 billion), GoodRx (raised $1.14 billion), Wish (raised $1.10 billion), Li Auto (raised $1.09 billion), and Array Technologies (raised $1.04 billion). Nasdaq also welcomed 73% percent of U.S. business combinations, including DraftKings and Luminar Technologies.“In a year where access to the capital markets was more crucial than ever, we are proud to be the U.S. exchange leader in IPO capital raised for the second consecutive year,” said Nelson Griggs, President, Nasdaq Stock Exchange. “We’re committed to providing our clients with innovative solutions to access and navigate the capital markets at all phases of their lifecycle.”In addition to the record year in U.S. IPOs, Nasdaq continued to support issuers through its efforts to revitalize the capital markets by advocating for key regulatory developments including:Amendments to SEC rules governing proxy solicitations to enhance the integrity of the proxy voting process by ensuring proper disclosure of potential conflicts of interest;Amendments to modernize the SEC shareholder proposal rule, which raised the bar for investors to submit proposals for a vote at companies’ annual meetings; andEncouraging the SEC to support transparency and withdraw its plan to increase the 13F reporting threshold to $3.5 billion.
2020 NASDAQ U.S. LISTINGS HIGHLIGHTSU.S. listings market leadership: Nasdaq welcomed 300 IPOs, raising $77.86 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, Technology, Consumer and sponsor-backed IPOs: Nasdaq continued to dominate in sponsor-backed listings, winning 90 percent of venture capital-backed IPOs and 70 percent of all private equity-backed IPOs. Win rates for Health Care, Technology and Consumer sectors were 96 percent, 76 percent and 78 percent, respectively.Continued momentum in listing transfers: Nasdaq welcomed 21 switches from the NYSE in 2020, representing $278 billion in market value, including AstraZeneca, Keurig Dr Pepper, and AEP. The total market value of all companies joining Nasdaq from NYSE since 2005 has exceeded $1.88 trillion. Nasdaq also welcomed companies through transfers upon a SPAC business combination including Velodyne Lidar and Eos Energy Storage.Seamless transition to virtual IPOs: Nasdaq successfully adapted all elements of its IPO process to a virtual environment, including successful IPO execution through Bookviewer, and inclusive bell ceremonies and first trade experiences through the Nasdaq MarketSite app.Strong demand for Nasdaq’s governance and Investor Relations intelligence solutions: Nasdaq continues to enhance its unique suite of capabilities to serve the evolving needs of its corporate clients. Demand is strong for Nasdaq’s insights that help companies better understand and engage with shareholders through its unparalleled expertise across equity markets, Investor Relations, and governance.
*SOURCE: SEC Edgar filings and FactSet as of December 16, 2020.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:
Bianca Fata
(646) 895-5851
bianca.fata@nasdaq.com   -NDAQG- A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/5f5e3783-fdb2-45c8-b86b-fd40ac1af378

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.