Investors Seen Purchasing 16 Initial Public Offerings, Including Uber

In the next nine days, a slew of prominent IPOs will debut, and they are likely to garner significant investor interest despite the fact that many of them, including Uber Technologies Inc.
WAN CHAI, Hong Kong - April 25, 2023 - PRLog -- Among them is the highly anticipated IPO of the global leader in ride hailing, which is expected to be the largest of 2019. According to BI, the current environment is one of the most active in the history of IPOs, which have performed well this year with the exception of Lyft Inc. (LYFT). Lyft, a competitor to Uber, has experienced a precipitous decline in its share price since going public.

9 Largest Initial Public Offerings In The Next 9 Days

(The amount that must be raised)

- Uber Technologies; $8.5 billion

- Parsons Engineering $500 million

- SciFi $300 million

- HeadHunter Group; $200 million

- So-Young International 166 million

- Mayville Engineering $125 million

- Yunji; $162 million

- TransMedics Group, $75 million

- Milestone Pharmaceuticals, $75 million

Ten Billion Dollars Raise Next Week

In the coming week, IPOs may raise as much as $10 billion in equity capital, signifying the seventh time in the past 18 years that this amount has been raised. Future IPOs include vegan tech startup Beyond Meat, Chinese tech firms So-Young International and Yunji, transplant organ care tech firm TransMedics Group, Canadian pharmaceutical company Milestone, sales services provider Parsons Technology, cancer treatment company NextCuren, and Alzheimer's treatment company Corticozyme. While many companies have yet to generate a profit, investors are clearly focusing on other metrics, as evidenced by Uber, which is anticipated to lose billions of dollars in the near future.

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Alpha Alliance Capital PR Manager Tarra Chua
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