IPOs on NEO Raise USD 1.5 Billion In 2019

NEO has announced that in 2019, the Neo Exchange Inc. facilitated over CAD 1.5 billion in initial public offerings, ranking the stock exchange on par with the Toronto Stock Exchange and well ahead of total initial public offerings raised on the two Canadian venture exchanges, the company said.

By December 2019, the NEO Exchange was home to 75 fund listings and 10 corporate listings and facilitating 10.5% of all trading activity in Canada.

2019 also marked the re-birth of Special Purpose Acquisition Corporations (SPACs), with six SPACs listed on NEO.

Neo Exchange Inc. is a progressive stock market that brings together investors and capital raisers within a fair and transparent environment. Fully operational since June 2015, NEO puts investors first and provides access to trading all Canadian-listed securities on a level playing field. The NEO Exchange lists senior companies and investment products who want a stock exchange that enables investor trust, quality liquidity and broad awareness, including unfettered access to market data. For more information, visit: NEOstockexchange.com