The U.S. IPO market is showing clear signs of revival in 2025, with a notable surge in both volume and capital raised. In the first half of the year, a total of 168 IPOs—including SPACs—raised $28.9 billion, a sharp increase from just 94 IPOs during the same period in 2024 (S&P Global).

When excluding SPACs, 102 traditional IPOs accounted for $16.5 billion in proceeds, marking a return to levels last seen in 2018.

Momentum picked up significantly in Q2 2025, with 59 IPOs raising $15.02 billion, up from 45 IPOs and $11.23 billion in Q1. Although the number of IPOs in Q2 rose 16% year-over-year compared to Q2 2024, total proceeds were down 20%, with 50 IPOs raising $8.1 billion.

These figures reflect growing investor appetite for new public offerings, especially in the tech and crypto sectors, despite broader market uncertainties.

Our Firm is also seeing a strong revival in private offering issuances under Regulation A, Regulation CF and Regulation D.  

Red Rock Securities Law integrates full suite legal services for the preparation of SEC securities offerings with advanced Investor Raise Portal technology to administer your raise. Whether you are a fund manager, business owner, real estate syndicator or entrepreneur – Red Rock Securities Law can provide the solutions needed to raise capital from investors.  

Call today to discuss putting the power of Red Rock behind your next capital raise: (720) 586-8610