All dollar ($) figures in Canadian dollars unless otherwise noted.
TORONTO, Oct. 1, 2024 /CNW/ – CPE Analytics is pleased to release its first three quarters of 2024 Canadian initial public offering (IPO) summary report today.
Third Quarter of 2024
7 IPOs completed on The Canadian Securities Exchange (CSE), The TSX Venture Exchange (TSX-V) and The Toronto Stock Exchange (TSX) for total gross proceeds of $305.76 million.
Excluding Capital Pool Company (CPC) and Special Purpose Acquisition Company (SPAC) IPOs, 6 IPOs completed for $13.62 million.
CSE and mining IPOs continue to sustain 2024 Canadian IPO market, without them, Q3 Canadian non-CPC/SPAC IPO market would be a total collapse.
CSE led all exchanges with 4 IPOs while TSX-V and TSX had 2 mining IPOs and 1 SPAC IPO respectively.
Mining IPOs led with 5 IPOs while diversified industry and SPAC each had one IPO. 3 of the mining IPOs were completed on CSE.
For the first time since 2016,…
