Investcorp Capital targets a $403M Abu Dhabi IPO, while CVC Capital Partners postpones its IPO due to market uncertainties. Hamilton Insurance Group aims for a $270M US IPO, valuing at $2B. India sets a record with 184 IPOs in 2023, although it sees a 15% YoY drop in proceeds. Spinneys Dubai mulls a potential IPO. DoorDash, Palantir, Lottomatica Group, and Airtel Africa post positive Q3 earnings, while Confluent's stock declines after revising sales projections.

SAL Saudi Logistics shares rose by 28% in its Riyadh market debut. Waystar postponed its IPO due to U.S. market instability, while Renault reconsiders its EV business IPO amidst competition. India is allowing domestic companies to list abroad, with emphasis on GIFT City. Saudi firm Tabby achieved a $1.5 billion valuation. The UK IPO market faces downturns, with firms seeking US listings.

Several companies globally are eyeing IPOs and strategic mergers, with Western Digital splitting its flash memory and hard drive units, Tory Burch potentially considering an IPO, and Mamaearth raising $92M ahead of its $200M IPO, among others.

Dubai Taxi Corp. seeks $300M from its IPO as part of Dubai's privatization drive. Japanese battery-maker AESC, after a $1B funding round, considers a US IPO. Apex Fintech mulls a traditional IPO after a SPAC withdrawal in 2021. China's Shenzhen Shouhui Technology and noodle chain Maliuji are both evaluating Hong Kong IPOs. New York's Lexeo Therapeutics plans a 9M shares IPO, aiming at genetic medicine advancements.

Sanofi plans to spin out its consumer health unit by 2024, focusing on R&D. Chinese rural lender Chongho Bridge considers a $500m Hong Kong IPO. Bentley Innomed attracts major investors, eyes a 2024 IPO. SCG Decor targets Thailand's leading 2023 IPO, aiming for 6.59 billion baht.

Chicago-based UL Solutions plans a $1 billion NYSE IPO, possibly valuing at over $5 billion, with JPMorgan and Goldman Sachs advising. Australian bank Cuscal Limited prepares for an IPO, aiming to raise up to $238.3 million USD, with a listing date on November 28. French firm Sodexo intends to list its Pluxee division on Euronext Paris in 2024, taking on €600 million of Sodexo's debt.

Kokusai Electric celebrated a strong trading debut in Japan, with shares closing 27% above the offer price. Meanwhile, Russian messenger service Telegram, now UAE-based, eyes a potential 2025 IPO. Battery cell producer Northvolt leans towards a European IPO, possibly in Stockholm in 2024. Lastly, Korea's fashion platform, Musinsa, plans a 2024 IPO, aiming for a market capitalization of $2.3 billion.

OQ Gas Networks debuted on the Muscat Stock Exchange, achieving Oman's largest-ever listing demand. Chinese appliance giant, Midea Group, plans a Hong Kong Stock Exchange listing. Middle East's top alternative asset manager, Investcorp Holdings, eyes an Abu Dhabi listing. Digital platforms Starling Bank and Thought Machine explore London IPOs. Spotify's stock surged after impressive Q3 results, showing promising growth.

In recent business news: Roche acquires bowel drugmaker Telavant for $7.1B from IPOX member Roivant, furthering its therapy endeavors for inflammatory bowel disease. Fintech giant Plaid contemplates an IPO, signaling optimism for the fintech sector. Saudi's PIF explores an IPO for its medical procurement firm, Nupco. Seoul Guarantee cancels a $267M IPO due to valuation concerns. Spanish beauty leader Puig considers an IPO as its next-generation prepares to lead. German wheelchair maker Sunrise Medical prepares for an IPO with a potential valuation of €2 billion.

French automaker Renault intends to list its Ampere EV unit in H1 2024 amid stock value declines. WH Group considers a 2024 U.S. IPO for pork subsidiary Smithfield Foods, while Chinese retailer Shein eyes a U.S. IPO amid controversies, targeting a $66 billion valuation. Singapore's Grand Centrex merges with SPAC RF Acquisition in a $1.2 billion deal.

Singapore's insurtech Bolttech, backed by Richard Li, prepares for a $300M U.S. IPO next year. Swiss firm ABB eyes a 2024 IPO for its EV charging business. U.S. IPO filings rise amid government shutdown concerns. Swedish biotech Olink's shares jump after Thermo Fisher's acquisition plans. Socionext stocks surge following collaboration with ARM and TSMC.

IPOX® CEO, Josef Schuster, emphasized the potential pitfalls of anchor investors not retaining shares, highlighted by Birkenstock's recent IPO struggles. Meanwhile, European buyout firm CVC Capital Partners plans an Amsterdam IPO, which could be this year's largest in Europe. Saudi Arabian water treatment company, Miahona, considers a domestic IPO for next year, and U.S. healthcare software developer Waystar, backed by EQT, has announced Nasdaq IPO intentions, with banks like JPMorgan leading the offering.

The IPOX® 100 U.S. ETF outperforms the Renaissance IPO ETF over a 3-year period, amidst geopolitical concerns and market dynamics. Express-delivery firm J&T Global eyes a $500M Hong Kong IPO, while Kokusai Electric, backed by KKR, seeks Japan's largest IPO since 2018. South Korea experiences an IPO wave, led by insurer SGI. Meanwhile, Chinese anime product maker Kayou prepares for a Hong Kong IPO.

Turkish Burger King operator TAB Gida approves IPO listing on Borsa Istanbul, aspiring to gather 6.83 billion liras ($246 million). Citigroup predicts restricted impact on Middle Eastern deals amid the Israel-Hamas conflict but warns of possible broader war consequences. Didi Global plots a 2024 Hong Kong listing, strategizing a recovery after its NYSE troubles and aiming for better regulatory relations. Australian payment infrastructure provider Cuscal initiates its IPO, anticipating a market cap of $336m USD, with backing from Bank of America.

Amidst global market volatilities and economic uncertainties, companies experience varying IPO outcomes. Birkenstock faces a challenging U.S. debut with a 12.6% share plunge, while OQ SAOC secures Oman's largest IPO, amassing $748.6 million. Luyuan and Shiyue Daotian celebrate a strong Hong Kong IPO debut, contrasting Planisware, which defers its Paris IPO amidst the turbulent market.

Birkenstock, ADES Holding Co., Planisware, J&T Global Express, Shiyue Daotian Group, Ferrovie dello Stato Italiane, Virgin Australia, and Kokusai Electric navigate strategic financial developments and IPOs, influencing global markets across diverse industries such as footwear, oil drilling, software, courier services, food, railways, airlines, and chip-equipment manufacturing, respectively.