Administrator Login

New to INK?

Create an INK Account

  • Login/Register
Friday October 28, 2011

Ipreo Early Edition - The Week Ended October 28, 2011

Ipreo Early Edition - The Week Ended October 28, 2011
Ipreo Early Edition - The Week Ended October 28, 2011

Continuing the trend from the prior two weeks, one IPO priced on U.S. exchanges last week, blank check company Committed Capital Acquisition Corp. Before the financial crisis, these offerings were extremely popular, as 37 blank checks priced in 2006, representing 16% of all IPOs that year. Meanwhile, 59 blank checks priced in 2007, representing 21% of the year's total IPO count. These offerings subsided, however, as the global economy faltered in 2008. Despite IPO volumes rebounding in late 2009, only 8 blank checks priced in 2009 and 2010 combined, representing a mere 4% of all U.S. IPOs to come to market in those two years. On the other hand, 2011 marked the return of such offerings, as 15 have priced year-to-date, representing 13% of this year's IPO count.

More From Weekly Early Edition