Public market investors are experiencing a new era of volatility in 2022. Historically, getting access to Initial Public Offerings has long been considered a great opportunity, but available for only a select few institutional clients. The Prime Unicorn Index team took a deeper look into the price movement of its underlying component companies that recently went public. Specifically, we compared each company’s last private equity round (price per share) to their IPO price and first day close price. Interestingly, the share price of the public companies in the Index as of 3/31/2022, is on average 23% higher than the last private financing round price per share. However, if an investor participating in the IPO would be in the negative.[infogram id=”c979c5ef-17b8-497b-8921-c753c181ea60″ prefix=”9Cy” format=”interactive” title=”Late Stage Investing”]
The Prime Unicorn Index is currently tracking 144 companies with valuations of $1 billion or more to be considered into the index. Components must be headquartered in the U.S. and be privately held. For more information on the Prime Unicorn Index, please visit primeunicornindex.com.