Davis Polk partner Roshni Banker Cariello was quoted in Law360 on IPO activity in April. The article notes that companies in the spring 2022 pipeline include familiar brands, as opposed to last year’s market with many early-stage startup IPOs. “As the window opens up, the mix of companies may look a little different than last year,” Roshni said. “More mature companies and companies in industries with stronger fundamentals where there’s a clearer path to valuation are likely to be at the front of the queue.”

Davis Polk is also noted for advising the underwriters on Excelerate Energy and HilleVax’s IPOs, the two largest IPOs in April, and for advising Bausch & Lomb on its upcoming IPO.

IPO Lawyers See Mild Pickup In An Otherwise Cool Spring,” Law360 (May 3, 2022) (subscription required)