Comprehensive Analysis of the State of the Micro-Cap IPO Industry
The Micro-Cap IPO marketplace started the year active (Q1), with issuers raising approximately $261 million, in offerings ranging from approximately $5,000,000 to $38,760,000.
A total of 24 Micro-Cap issuers (issuers with up to $300 million market cap on a post IPO basis), operating in 12 different sectors completed their IPO in Q1. Micro-Cap foreign private issuers (FPIs) from 6 different jurisdictions completed their IPO in the U.S. during Q1.
Placing a particular emphasis on uplisted and cross-listed issuers operating in the Micro-Cap space, our 2023 Q1 Micro-Cap IPO Quarterly Report explores all the data and trends behind these numbers, while providing a fascinating and valuable in-depth look into the various elements of the IPO process.