The recent market volatility has caused many potential IPO's to take a wait and see approach. In the earlier part of the year many names filed and then were able to go public, really at their discretion given that the markets were quite favorable. This has changed in recent weeks as the month of October was the worst month since 2012. As you may have noticed, the list of names that have launched has slowed and now that we are entering the Thanksgiving holiday week, the number of new IPO's on the calendar is down to 2.
As is typical for the Thanksgiving week, the list of IPO's tends to be small and names that are on the list tend to be outside the U.S. This week there are two names on the schedule and both of them happen to be based overseas. One of the names was on our list last week but decided to wait, and there is a good chance they push out to next week.
The first name on the list is TuanChe
The other name on the schedule this week is a carryover from last week. Taiwan Liposome Company