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The U.S. IPO market cooled in July following the record-shattering June. The month saw seven new issuers raise $3.0 billion in proceeds, a significant slowdown from the 19 deals and $97.9 billion priced in June that was skewed by the unprecedented SpaceX IPO. Looking at the six-month IPO backlog, 10 new issuers filed in July, bringing the total pipeline to 75 companies seeking to raise $3.2 billion in aggregate proceeds.

Csquare, Inc. (CSQR) Q2 2026 Earnings Call Transcript

Revenue Increased 14.5% Year-Over-Year, Record Bookings of $64.7 Million, Net Loss of $48.8 Million Reflects Pre-IPO Capital Structure, and Adjusted EBITDA Grew 21% to $120.3M Second Quarter Highlights Successfully completed the Company's initial public offering on July 17 and commenced trading on the New York Stock Exchange under the ticker symbol CSQR. Total revenue increased 14.5% year-over-year to $280.4 million, driven by continued strength in the Company's core colocation business and recurring infrastructure services.