Virgin’s 2023 IPO
The return to profitability of Virgin Australia and the appointment of veteran director Peter Warne to the company’s board sends a strong signal that 2023 is the year the airline’s initial public offering will fly. In her second announcement to staff about the IPO in a month, chief executive Jayne Hrdlicka revealed that Virgin made […]
Factors In Current IPO Market
Because going public is such a time-consuming and expensive endeavor, many companies are opting to stay private instead. From 2020 to the end of 2021, the markets became frothy, and the markets reacted with spiking interest in special purpose acquisition companies. According to Nasdaq, there were 613 SPAC listings in 2021, raising $145 billion in […]