Jay Ritter
Cordell Eminent Scholar Jay Ritter

Direct Listings Jump. Why This Path to Going Public Is Getting Noticed.

IPO expert Jay Ritter also expects the number of direct listings to increase—as long as there are no blowups like an accounting scandal that could taint the method.

“More and more companies will use direct listings to avoid selling underpriced shares in a traditional IPO or to avoid the dilution due to sponsor shares that come with a SPAC merger,” said Ritter, a University of Florida finance professor who studies IPOs, in this story from Barron’s