Overview

• Nasdaq’s first-half IPOs, including SPACs, raised $21.3 billion, nearly two and a half times NYSE’s $8.7 billion haul.
• Excluding SPACs, traditional listings on Nasdaq generated about $9 billion from 79 deals, outpacing NYSE’s $7.8 billion from 15 offerings.
• Liquefied natural gas exporter Venture Global led H1 with a $1.75 billion share sale, followed by CoreWeave’s $1.5 billion and SailPoint’s $1.38 billion raises.
• Ten companies representing $271.4 billion in market value switched from NYSE to Nasdaq in H1, marking Nasdaq’s best transfer performance since 2006.
• Medical supply giant Medline and design software maker Figma are preparing for IPOs this fall, indicating sustained momentum.