The IPO calendar has been sparse for most of 2022. The bear market has many private companies rethinking their plans to go public. With investor sentiment waxing negative at the moment, IPOs are likely to garner only muted interest, reducing the amount of cash that a private company could raise from selling shares to the public. Source: Getty images The result has been a terrible year for the IPO market . According to financial research company Factset ( NYSE:FDS ), there were only 92 IPOs during the first half of 2022, raising only about $9 billion. That compares to the record year for IPOs in 2021, when 1,073 companies went public and raised more than $300 billion in investor funds.

Nevertheless, while many private companies are delaying their IPO plans until the bear market eases, there are still a handful of exciting upcoming IPOs on the calendar. The IPO calendar for 2022 and beyond

While mostly quiet, there have been a few successful IPOs this year. Private equity firm TPG ( NASDAQ:TPG ) went public in January and raised $1.1 billion. Bucking the blowup in SPACs , Screaming Eagle Acquisition ( NASDAQ:SCRM ) raised $750 million in January from institutional and high-net worth investors , but is still seeking a company to take public. And consumer health products company Bausch + Lomb ( NYSE:BLCO ) made $630 million when it debuted in May.

Here are some other upcoming IPOs to keep an eye out for later in 2022 or in 2023: Data source: Company SEC filings. Company Description IPO Date Mobileye Chip giant Intel ( NASDAQ:INTC ) is planning a spinoff of self-driving vehicle company Mobileye. To be determined. Stripe A digital payments and financial services company that quietly powers many e-commerce companies’ activities. To be determined. Discord Communications app popular among video gamers but with growing adoption as a chat app among other users as well. Late 2022 or early 2023. Vinfast An electric vehicle start-up planning a U.S.-based factory. In 2023. Instacart A grocery ordering and delivery service that partners with physical stores. Late 2022. Reddit Popular social media site and public forum for making posts where content is promoted via user voting. To be determined. Databricks Cloud-based tool for collaborating on data management and analysis and for use in building AI applications. To be determined. 1. Mobileye

Semiconductor design and chipmaking giant Intel revealed its plans for an IPO of its subsidiary Mobileye, a leader in self-driving car technology , which develops computing chips and software for fully autonomous vehicles. In the meantime, advanced driver assist systems (ADAS, which includes adaptive cruise control and active lane guidance) are a top growth trend for modern cars.

During the second quarter of 2022, Mobileye’s revenue increased 41% year over year to $416 million. Mobileye has experienced rapid growth since Intel acquired it in 2017 for $15 billion. Intel plans to remain the majority shareholder of Mobileye once it completes the IPO in late 2022, although the spinoff could be pushed into 2023 if Intel deems the market too uncertain. 2. Stripe

Stripe is a leader in payment processing services . The company claims millions of companies all over the world use its platform for processing digital payments. Stripe integrates with e-commerce payment systems such as Shopify ( NYSE:SHOP ), helps with payment acceptance from card networks such as Visa ( NYSE:V ), and even integrates with a variety of cryptocurrency marketplaces . The company also provides tools to help merchants and businesses detect and prevent financial fraud, has software for financial and tax reporting, and helps banks offer digital products to customers.

Stripe registered its intent to have an IPO with the Securities and Exchange Commission (SEC) in 2021. However, details for the IPO and a date have yet to be set. The bear market is no doubt affecting Stripe’s plans. Due to its large size, some investors are speculating that a Stripe IPO might occur as a direct listing (where no new money is raised for the company) rather than a traditional IPO. Estimates point to Stripe’s market cap topping $70 billion. 3. Discord

Chat and mobile communications start-up Discord gained millions of new users during the pandemic. Discord is a favorite among video game enthusiasts, but it has gained adoption for other uses as well. The company provides chat, voice, and video via private topic-based channels. It generates revenue via premium subscriptions, unlike other communications apps that make money from advertising.

Discord filed with the SEC in 2021, but the bear […]

source IPO Calendar 2022-23

editor Stocks ,

Leave a Reply