Leading U.S. exchange by number of IPOs and proceeds raised for the second consecutive year

Largest year for IPOs on Nasdaq in the past decade by number of IPOs and proceeds raised

$278 billion in market value switched to Nasdaq in 2020

NEW YORK, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) announced today that in 2020 The Nasdaq Stock Market welcomed 300 initial public offerings (IPOs), raising a total of $77.86 billion. A total of 179 operating companies listed on Nasdaq in 2020, representing an 83 percent win rate in the U.S. market.* Nasdaq extended its leadership to 28 consecutive quarters. In addition to the successful year in IPOs, 21 companies switched their corporate listings from the NYSE to join Nasdaq, and four companies transferred 19 bonds from the NYSE.

At the end of 2020, companies that listed on Nasdaq with an IPO raised more than any other U.S. exchange, including Airbnb (raised $3.49 billion), Royalty Pharma, (raised $2.17 billion), Warner Music Group (raised $1.92 billion), Eastern Bankshares (raised $1.79 billion), Maravai Lifesciences (raised $1.62 billion), Reynolds Consumer Products (raised $1.22 billion), GoodRx (raised $1.14 billion), Wish (raised $1.10 billion), Li Auto (raised $1.09 billion), and Array Technologies (raised $1.04 billion). Nasdaq also welcomed 73% percent of U.S. business combinations, including DraftKings and Luminar Technologies.

“In a year where access to the capital markets was more crucial than ever, we are proud to be the U.S. exchange leader in IPO capital raised for the second consecutive year,” said Nelson Griggs, President, Nasdaq Stock Exchange. “We’re committed to providing our clients with innovative solutions to access and navigate the capital markets at all phases of their lifecycle.”

In addition to the record year in U.S. IPOs, Nasdaq continued to support issuers through its efforts to revitalize the capital markets by advocating for key regulatory developments including:

2020 NASDAQ U.S. LISTINGS HIGHLIGHTS

*SOURCE: SEC Edgar filings and FactSet as of December 16, 2020.

About Nasdaq: 
Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.

Media Relations Contact:
Bianca Fata
(646) 895-5851
bianca.fata@nasdaq.com   

-NDAQG- 

A video accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/5f5e3783-fdb2-45c8-b86b-fd40ac1af378