Davis Polk partner Nicole Brookshire discussed the fall IPO pipeline with Law360. She noted that technology prospects could put off going public until 2025, when they will be able to demonstrate full-year financial results to investors rather than partial-year numbers.

“You’ll absolutely have one more year of performance with presumably a bigger top-line number at which to be valued,” Nicole explained.

“Fall IPO Pickup Could Be A Prelude For 2025 Recovery,” Law360 (August 30, 2024) (subscription required)

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