After a robust IPO market in 2007 (the most since 2000), initial public offerings fell off the cliff in 2008 and only in 2010 have resumed sustained activity. A total of 113 IPO Registration Statements were withdrawn in 2008 as were another 58 in 2009, with most would-be issuers citing adverse market conditions as the reason for not proceeding with the offering.
With 70 completed deals in the first half of 2010, the IPO market is clearly in recovery mode. Among recent IPO registrants, several are making a second attempt after a previous withdrawal, including:
Epocrates, Inc. Form S-1 filed on 7/16/10 (file no. 333-168176)
AMC Entertainment Holdings, Inc. filed on 7/15/2010 (333-168105)
Affinion Group Holdings, Inc. Form S-1 filed on 5-21-10 (333-166993)
KKR & Co. L.P. Form S-1 filed on 5-10-10 (file no. 333-166687)
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