NASDAQ Captures 59 New Listings Including 23 IPOs in the Second Quarter

NEW YORK, July 19, 2010 (GLOBE NEWSWIRE) -- The NASDAQ Stock Market® (Nasdaq:NDAQ) today announced that in the second quarter it captured 59 new listings, including 23 new initial public offerings (IPO), with combined proceeds totaling over $1.98 Billion.  

NASDAQ listed nine of the 11 (81 percent) information technology companies that completed an initial public offering on a US market this quarter. Notable companies in this group include Mitel Networks Corporation (Nasdaq:MITL), which raised more than $147 million in proceeds on its first day of trading, Alpha and Omega Semiconductor Limited (Nasdaq:AOSL), and China-based HiSoft Technology International Limited (Nasdaq:HSFT). 

Other notable IPOs in the second quarter include CBOE Holdings, Inc. (Nasdaq:CBOE), which raised more than $339 million in proceeds in its initial public offering, Tesla Motors, Inc. (Nasdaq:TSLA), the first IPO out of the automotive industry in more than 54 years, and THL Credit, Inc. (Nasdaq:TCRD). 

The new listings are comprised of the following categories:

In addition to HiSoft Technology, NASDAQ also welcomed two other IPOs from the Greater China region: Charm Communications, Inc. (Nasdaq:CHRM) and Kingtone Wirelessinfo Solution Holding Ltd (Nasdaq:KONE).  NASDAQ also attracted the switch of four Chinese companies as well as nine over-the-counter Chinese upgrades. NASDAQ currently lists 144 companies headquartered in Greater China, more than any other U.S. exchange. 

NASDAQ is also proud to announce 11 domestic over-the-counter upgrades this quarter including two in the energy sector: Miller Petroleum, Inc. (Nasdaq:MILL) and Hallador Energy Company (Nasdaq:HNRG). NASDAQ also welcomed 12 new ETF listings. 

To view all new NASDAQ listings in 2010, visit http://media.globenewswire.com/cache/6948/file/8518.pdf

Statistics are sourced from internal NASDAQ information. IPOs include offerings done on a "best efforts" basis and do not include real estate investment trusts and closed-end funds. For more information about these and other NASDAQ statistics, visit http://www.nasdaqomx.com/listingcenter/usmarket/.

About NASDAQ OMX

The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, with more than 3,600 listed companies. NASDAQ OMX offers multiple capital raising solutions to companies around the globe, including its U.S. listings market, NASDAQ OMX Nordic, NASDAQ OMX Baltic, NASDAQ OMX First North, and the U.S. 144A sector. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and exchange-traded funds. NASDAQ OMX technology supports the operations of over 70 exchanges, clearing organizations and central securities depositories in more than 50 countries. NASDAQ OMX Nordic and NASDAQ OMX Baltic are not legal entities but describe the common offering from NASDAQ OMX exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit http://www.nasdaqomx.com. Please follow NASDAQ OMX on Facebook (http://www.facebook.com/pages/NASDAQ-OMX/108167527653) and Twitter (http://www.twitter.com/nasdaqomx).

Neither The NASDAQ OMX Group, Inc. nor any of its affiliates (collectively "NASDAQ OMX") makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Investors should undertake their own due diligence and carefully evaluate companies before investing.

NDAQG

CONTACT: The NASDAQ OMX Group, Inc. Media Contacts: Wayne Lee 301-978-4875 Wayne.lee@nasdaqomx.com Jolene Libretto 646-441-5220 Jolene.libretto@nasdaqomx.com

In This Story

NDAQ