Nasdaq (NQ: NDAQ), a global technology company, welcomed 156 initial public offerings (IPOs) in 2022 and raised $14.8 billion. The stock exchange hosted seven of the top ten largest global IPOs by proceeds, including TPG and Mobileye.

Nasdaq Maintains Edge with IPO Market

According to the press release published on Thursday, 71 SPACs and 85 operating companies were listed on Nasdaq in 2022. It allowed Nasdaq to maintain its market leadership position for nine years straight. In addition, 29 companies' transfers from other exchanges have occurred during the last 12 months.

"We believe there is a strong pipeline of companies heading into next year that are waiting for their window of opportunity to transition to the public markets," Nelson Griggs, the President of the Nasdaq Stock Exchange, said.

"We are continually enhancing existing as well as innovating new ways to join the public markets. The SEC's recent approval of our proposal to optimize existing rules for a direct listing with a capital raise provides companies with more flexibility to join the public markets and reach investors."

TPG's January debut was the biggest among major Nasdaq IPOs this year. The private-equity firm has raised $1 billion at a valuation of over $9 billion. Mobileye, an autonomous driving technology company, was the second record-breaking IPO, which took place in October, raising $861 million. Additionally, the U.S. stock exchange hosted this year's largest SPAC, Screaming Eagle Acquisition Corp.

Nasdaq Sees Weaker IPO Trends for H2 2022

The global technology company conducted most of the IPOs in the first part of the year. According to June's press release, it welcomed 108 initial public offerings in H1 and raised a total of $12 billion. H2 brought only 48 IPOs, raising $2.8 billion.

However, a report presented by EY showed that 2022 was not a good year for global IPOs. Investors struggled with high inflation and ever-higher interest rates, abandoning the risky stock market in search of safer investments. In 2021, U.S. companies raised $155 billion in proceeds, and 2022 values are significantly lower.

Albeit the visible market slowdown, the major US stock exchange operator achieved better financial results in the third quarter. Nasdaq has reported a six percent increase in net revenues compared to the previous year, reaching $890 million.