Whilst IPO volumes were higher than Q3 2020, proceeds were 8% lower. The Americas IPO activity continues to be underpinned by SPAC issuance, 30% ($16.8bn) of the Americas IPO proceeds were attributable to SPACs. Q3 2021 EMEA IPO activity was, significantly ahead of the subdued levels seen in Q3 2019 and Q3 2020 – 72 IPOs raised $17.7bn.
https://www.pwc.com/gx/en/services/audit-assurance/ipo-centre/global-ipo-watch.html

