Technology IPOs Likely to Rebound in 2017, Deal Lawyers Say

ByShira Stein, Bloomberg BNA

More technology companies are gearing up to go public in the second half of 2017, after a quiet start to the year, deal attorneys say.

Only nine tech companies have gone public as of July 6, according to a Bloomberg BNA analysis. This is in line with the past two years — 18 tech companies started publicly trading in each of 2016 and 2015.

Attorneys based in Silicon Valley told Bloomberg BNA that the number of tech initial public offerings in 2017 likely will surpass that of prior years.

“We have an awful lot ...