Capital Raises Summary
Each week, Viridian publishes insights and analysis on completed capital raise transactions in the prior week, focusing on all equity and debt deals. Our analysis includes:
- Summary
- Outlook
- Best & Worst Perfromers
Quick Links
YTD Analysis
- YTD capital raises totaled $1,605.66, up 4.2% from the same period in 2023. Debt as a percentage of capital raised dropped to 51.3% from 63.1% in the previous year on a worldwide basis. The U.S. bucked this trend with 61.9% of capital raised in debt compared to 55.1% in 2023.
- U.S. raises accounted for 65.8% of total funds, up from 49.5% at the same point in 2023. Raises from outside Canada and the U.S. represented 5.9% of the total funds raised, in line with the average of 6.3% for the five previous years.
- YTD raises by public companies accounted for 75.0% of total funds, the highest since 2021.
This weeks Sector Focus
Capital Raises vs Stock Prices
- Cannabis equities (as measured by the MSOS ETF) ended down 11.61% for the week.
