Fact-check: “IPO activity has increased about 75% over the past 2 years”
Verdict: Misleading (62% confidence)
A ~75% figure does appear in the authoritative record, but only for U.S. IPO proceeds over a single year (2023 to 2024, per White & Case citing deal data), not over two years and not by deal count. By IPO count over two years (2023–2025), the increase is roughly 111%; by count from 2024 to 2025 it is ~52%; by proceeds from 2024 to 2025 it roughly doubled (~80–100%); and H1 2026 proceeds are up nearly 400% from H1 2025. The 75% figure is accurate on a specific one-year proceeds basis but creates…
This fact-check was conducted by SpinkillerAI, a non-partisan AI-powered accountability platform.
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