Nasdaq Welcomes 142 IPOs in the First Half of 2025

Highest volume of listings and capital raise in the first half of the year since 2021

Maintained leadership in switches - crossed $3 trillion in market value transferred since 2005

Driving smart policy reforms to improve regulatory processes for public companies

NEW YORK, July 01, 2025 (GLOBE NEWSWIRE) -- Nasdaq (NASDAQ:NDAQ) announced today that in the first half of 2025, it welcomed 142 listings (IPOs), raising a total of $19.2 billion. A total of 83 operating companies and 59 SPACs listed on Nasdaq during the first six months of 2025, representing an 86% win-rate of Nasdaq-eligible listings in the U.S. market, and extending Nasdaq's leadership to 46 consecutive quarters. In addition to the IPOs, 11 companies transferred their corporate listings to Nasdaq, crossing the threshold of $3 trillion in total market value from exchange transfers since 2005.

"The first half of the year has seen an impressive volume and roster of companies coming to market, with Nasdaq cementing its position as home to innovative brands across sectors including financial technology, digital assets, and biotech. Nasdaq's client-first value proposition continues to attract companies via new listings and exchange transfers, a testament to our ability to support at all stages of a company's lifecycle." said Jeff Thomas, Executive Vice President, Chief Revenue Officer and Global Head of Listings at Nasdaq. "For the first time this year, the Nasdaq IPO Pulse Index ticked upwards, following higher returns, valuations, and encouraging conditions for listing. We're looking forward to promising activity in the months ahead."

A video accompanying this announcement is available at: https://vimeo.com/nasdaq/2025listinghighlights

2025 FIRST HALF NASDAQ U.S. LISTINGS HIGHLIGHTS

U.S. listings market leadership: Year-to-date, Nasdaq welcomed 142 IPOs, raising $19.2 billion. Marquee listings include the largest technology IPO of the year, CoreWeave, fintech powerhouse, Chime, and digital ...