2015 BDO IPO Halftime Report — Survey Finds Decrease In IPO Activity And Increased Positive Sentiment Towards JOBS Act

Last week, BDO USA released its 2015 IPO Halftime Report which surveyed capital markets executives from various investment banks on IPO activity and trends for 2015. The report found that the number of U.S. IPOs and aggregate proceeds are down significantly when compared to the same period in 2014 and notes that predictions point toward a similar volume of offerings in the second half of 2015. While there are many contributing factors to this decrease in number of offerings and proceeds raised, a majority (56%) of the capital markets executives surveyed believe that the availability of private funding at favorable valuations is a principal cause, particularly for technology companies.