Some 14 companies transferred their corporate listing to the Nasdaq in the first half of 2021, the exchange said Monday, including defense contractor Honeywell
HON,
+0.48%.
The Nasdaq said it saw 395 initial public offering in the period, raising a total of $103 billion. Some 160 operating companies listed in the period, and the exchange captured the direct listing of crypto platform Coinbase
COIN,
-2.34%,
the biggest direct listing among all exchanges with $65 billion in market cap. Nasdaq-listed companies raised 61% of all IPO proceeds in the first half, including seven of the 10 biggest deals by proceeds. These include Bumble
BMBL,
+1.33%,
which raised $2.2 billion, AppLovin
APP,
+0.43%,
which raised $2 billion and Oatly
OTLY,
-1.65%,
which raised $1.4 billion.
