Davis Polk partner Derek Dostal was quoted in a Financial Times article discussing the impact of recent volatility in the U.S. markets on IPO activity. Addressing the current state of play for companies looking to go public, Derek noted, “Everything is on hold at the moment. A traditional roadshow is one to two weeks — who wants to go on the road for two weeks when the market is all over the place?”

Market swings scare off US companies with plans to go public,” Financial Times (February 9, 2022) (subscription required)