Friday, September 29, 2017
Report: IPOs On Track For Best Year Since 2007, But Only One Q3 Area Tech IPO
A new report today, issued by EY, says that the global IPO market is on track to be the best year since 2007. However, local numbers show only one technology related IPO in the local market--Sienna Biopharmaceuticals in Westlake Village. The E&Y Global IPO trends report said it expects the total global IPO volume to reach 1,600 to 1,700 deals and a total of $190 billion in proceeds this year. The only local IPOs identified in Q3 in the report were YogaWorks in Culver City, RBB Bancorp in Los Angeles, and Sienna Biopharmaceuticals in Westlake Village.