December 13, 2020

While Canadian capital markets slowed this week after a very busy previous week, in the week ahead, we're looking forward to the trading debut of Sophic client, Luckbox (LUCK-TSXV). Emerge Ecommerce (ECOM-TSXV) is also expected to start trading this coming week. Meanwhile, in the USA, AirBnB, DoorDash and C3.AI, all had very strong trading debuts as expected by most. At the same time, IPOs of Roblox and Affirm seem delayed to 2021, with speculation that these companies may try a different approach than the traditional IPO in order to avoid massive IPO pops, which do not benefit companies issuing new stock. Some alternatives could include direct listing, auction IPOs or going public via a SPAC. At the same time, there seems to be increasing chatter about unsustainable valuations.