The second quarter of the year the worst for initial public offerings on the UK Alternative Investment Market (AIM) since 2009, research by UHY Hacker Young has found.
IPOs in the UK have been lacklustre in 2022 and AIM has experienced a definite drought, with just seven IPOs year-to-date, the London Stock Exchange revealed. Q2 proved especially bad, with just one float in the alternative space. According to UHY Hacker Young, the last quarter to see such low levels of IPO activity was the first quarter of 2009, which also had just one IPO. Colin Wright, UK group chair and partner at UHY Hacker Young, said that the similarities to 2009 end there, as "there has been no wave of companies quitting the market or going insolvent and we expect IPOs to quic...
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