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  "documentTitle": "ey global ipo trends 2023 q4",
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  "notes": "EY Global IPO Trends 2023 report slide.",
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      "text": "IPO withdrawal rate: 54%",
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      "text": "The technology and health and life sciences sectors are leading the pipeline as they continue to attract the most VC backing, although valuations have dropped significantly in the past two years and companies are waiting on the sidelines.",
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      "text": "Global IPO withdrawals and postponements skyrocketed in 2023, with about 800 deals accounting for half of total IPO volumes. This is a dramatic increase on the 2014-2021 average of 16.5% dropped listings.",
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      "text": "Sources: EY analysis, Dealogic, Mergermarket, Wind.",
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