Report: IPO activity up slightly in Q2 - Tampa Bay Business Journal:

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Still the number of IPOs remains low, with just 14 that raisedd $2.3 billion in the first six months ofthe That’s down from the 43 offerings that generated $27.67 billion in the same six-monthy period last year. However, the report pointed out that the 2008 figur e was skewed because of the largest IPOin U.S. historuy — the $17.9 billion raised by Visa. By comparison, the largestt IPO in the first half of this year wasthe $720 millioh raised by "A few select companiezs were able to take advantage of the capitall markets which started to improve in late March," said Scotrt Gehsmann, a capital markets partner in PricewaterhouseCoopers' Transactiob Services practice, in a news "As we move toward the later part of the year, we will see more companiesx testing the IPO waters.
" The downward trend in IPO volumd started in the first quarter of 2008 and reachedx its lowest point in the recenrt first quarter, according to PricewaterhouseCoopers. There were only two filerd thatraised $22 million. The remaining 12, which raisefd $1.6 billon, came in the second That’s down from 18 IPOs filed in the second quarterof 2008, from which $5.1 billionn was raised.