IPO Market Reopens 'With a Vengeance' as 15-Plus Canadian Companies Look to Go Public, Including q4, Coveo

Friday, May 7, 2021

Vancouver, BC, May 7, 2021--Canada's market for initial public offerings has shaken off recent investor fears and is set to roar back, with at least 15 issuers preparing to go public in the next few months on the Toronto Stock Exchange. The potential offerings span a wide spectrum of industries, including technology, say 10 sources familiar with impending deals. Several companies have hired investment bankers and started gauging interest from institutional investors - a process known as "testing the waters" - or are set to do so with hopes of going public by summer.