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Finance Watch: Prepare For September IPOs To Rebound From August Slowdown

H1 Saw $10.2bn In COVID-19 Financings

 
• By Mandy Jackson

Renaissance Capital expects an initial public offering surge in September; Biomedtracker data show financings for COVID-19 programs fell from Q1 to Q2; Revelation will merge with a special purpose acquisition corporation; Ascendis netted $379.3m in a follow-on offering; and Disc Medicine raised $90m in venture capital.

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The IPO market slowed down in August but it looks like first-time offerings will regain their momentum in September, still on track for 2021 to be the most active year since the dot-com boom year of 2000, according to the IPO-tracking firm Renaissance Capital.

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