This Year, 556 Fundraising Deals by US Listed Companies 'Highest in 25 Years'

[Photo by Reuters Yonhap News]

[Asia Economy Reporter Park Byung-hee] According to the Wall Street Journal (WSJ) on the 25th (local time), U.S. listed companies are recording the highest number of capital raising cases through new share issuance or existing share sales in the stock market in 25 years.

According to data compiled by financial information provider Dealogic, the number of additional capital raising cases through existing listed companies' stocks reached 556 as of the 24th of this month. Based on the same period, the number of capital raising cases this year is the highest in 25 years since 1997. This is a 12.6% increase from 494 cases last year and a 46.7% increase from 379 cases in 2019.

The total amount of capital raised reached $133 billion (approximately 155 trillion KRW).

This is thanks to the rapid rebound after the stock market plunged in March last year due to the COVID-19 pandemic. The New York Stock Exchange S&P 500 index has already hit a record high 51 times this year alone, and the current index is about twice as high as the low point in March last year.

The amount of additional capital raised through at-the-market offerings, where shares are sold according to actual market prices, has already exceeded $75 billion this year, an increase of about 70% compared to the same period last year.

Major capital raising cases include Plug Power, which develops hydrogen fuel cell systems, raising $1.8 billion in January, and cruise tourism company Norwegian Cruise Line, as well as video platform Zoom, which also succeeded in large-scale capital raising.

This content was produced with the assistance of AI translation services.