The Texas Lawbook: Texas IPO Activity in 2018 and 2019 Preview
V&E lawyers Ramey Layne, Jessica Lewis and Alexandra Lewis give their take on 2018 Texas IPO Activity and what to expect in 2019.
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During 2018, 13 IPOs of Texas-headquartered companies were completed, raising approximately $2.6 billion of gross proceeds (excluding any exercise of the underwriters’ green shoe – all of the proceeds figures that follow exclude any exercise of the shoe). This compared to over 190 IPOs nationwide in the same period, raising almost $46.8 billion of gross proceeds.
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This information is provided by Vinson & Elkins LLP for educational and informational purposes only and is not intended, nor should it be construed, as legal advice.