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Jun 05, 2023

In a Challenging Market, Bevilacqua PLLC Ranked #5 on the IPO Market Leaderboard

Going Public By Lou Bevilacqua, Lou Bevilacqua
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The first quarter of 2023 has proven to be a challenging period for the US IPO market, with only 29 IPOs raising a modest $2.3 billion. This follows the slowest year in decades. The IPO landscape has been marred by hawkish signals from the Fed, renewed recession fears, and turbulence within the banking sector, which led to a significant spike in market volatility.

Despite the challenging environment, Bevilacqua PLLC has stood out from the crowd, clinching the #5 spot on Renaissance Capital’s 1Q23 IPO Market’s Law Firm Leaderboard.

Bevilacqua PLLC skillfully handled four IPOs that raised a combined $38 million, marking a significant achievement for the boutique corporate law firm.

The Most Active IPO Law Firms of Q123

This list of the most active law firms in the IPO space is compiled by Renaissance Capital, a leading investment bank specializing in pre-IPO research and analysis.

The law firms listed have demonstrated a sophisticated understanding and skillset in IPOs and have a strong track record of successfully guiding companies through going public. These firms are recognized for navigating complex legal and regulatory issues associated with IPOs, including securities laws, corporate governance, and tax regulations.

The IPO Expert list is updated regularly to reflect changes in the legal landscape and to ensure that it remains a reliable resource for companies seeking to go public. It provides valuable information for companies looking for legal representation as they transition to public trading and for investors and other stakeholders who want to stay abreast of the latest developments in the IPO market.

Bevilacqua’s IPO Mastery

Headquartered in Washington, DC, Bevilacqua PLLC boasts an impressive track record of ushering companies through an initial public offering and national securities exchange listing, rising from the #8 position in 1Q22 after working on two IPOs that raised $31 million. The firm’s success can be attributed to its focus on building solid client relationships and consistently delivering high-quality legal services.

Bevilacqua PLLC’s recent IPO engagements include acting as underwriter’s counsel for Boustead Securities, LLC in connection with the initial public offerings of Japanese real estate company SYLA Technologies, which raised $15 million in the first quarter, and performance-driven lifestyle brand portfolio company, MGO Global, which operates The Messi Store offering a premium line of casual wear, accessories and homewares inspired by legendary pro soccer player Leo Messi and created by Ginny Hilfiger. The firm also represented Brera Holdings PLC, an Irish holding company focused on expanding social impact football by developing a global portfolio of emerging football clubs with increased opportunities to earn tournament prizes, gain sponsorships, and provide other professional football and related consulting services and Asset Entities Inc., a technology company providing social media marketing and content delivery services across Discord, TikTok, and other social media platforms.

The firm’s versatility is evident in its first quarter 2023 IPO work, which spans various industries, including technology, real estate, textiles and communication services, and covers diverse geographies such as Japan, Texas, Ireland and Italy.

Bevilacqua PLLC’s impressive ascent to the #5 position on the IPO Market Leaderboard is a testament to the firm’s dedication, skill, and resilience in navigating the complex legal landscape surrounding IPOs. Despite market volatility and uncertainty, Bevilacqua PLLC has proven that its commitment to clients and outstanding legal service can overcome challenging circumstances and propel the firm to new heights in the global legal arena.

For more information about Bevilacqua PLLC and its journey to becoming to the top of the IPO leaderboards, please visit www.bevilacquapllc.com.