Overview There were an unprecedented 210 initial public offerings in U.S. markets between October 1, 2020, and December 31, 2020. Together, these 210 IPOs raised over $65 billion, an increase of over $56 billion from the same period last year and an increase … Continue reading
Category Archives: Initial Public Offerings (IPO)
SPAC Popularity Continues to Grow
2020 was the year of the special purpose acquisition company (SPAC) initial public offerings (IPOs). The somewhat controversial method of going public represented more than half of all IPOs last year. The growth in popularity of SPACs has been evident … Continue reading
Auditor Changes Roundup: Q3 2020
Cohen & Company, Grant Thornton, and Marcum, each with a net of three new SEC audit clients, account for the most SEC audit clients gained among all firms in Q3 2020. As mentioned in Accounting Today, EY had the most … Continue reading
Withum, Marcum Lead Auditors for Blank Check IPOs
When it comes to blank check initial public offerings (IPOs), two firms dominate the market: Withum and Marcum. Together, these two firms account for 90.2% of all blank check IPOs from January 1, 2019 to September 30, 2020, with 156 … Continue reading
Q3 2020 IPOs: Auditor Market Share and Stats
There were a staggering 165 initial public offerings in U.S. markets between July 1, 2020 and September 30, 2020. Together, these IPOs raised over $61.5 billion for the quarter – an increase of over $43 billion from last quarter and … Continue reading
Internal Control Weaknesses Following an IPO
Private companies must undertake certain regulatory obligations in order to conduct an Initial Public Offering (IPO). In addition to preparing financial statements and complying with appropriate accounting standards, a company considering going public must also assess their system of Internal … Continue reading
Auditor Changes Roundup: Q2 2020
Grant Thornton, with a net of eight new SEC audit clients, accounts for the most SEC audit clients gained among all firms in Q2 2020. As mentioned in Accounting Today, EY had more new engagements during the quarter, but netted … Continue reading