Only 5 Bay Area companies went public in Q3, all via blank check mergers - San Francisco Business Times

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Only 5 BayArea companies went public in Q3 — and 1 moved to Texas IPO SPAC venture startups

Just five Bay Area companies hit Wall Street in the third quarter — and not one of them through an initial public offering.

This year will likely see the fewest Bay Area operating companies go public since 2017. Just 18 hit Wall Street in the first three quarters. That's a far cry from the record-smashing 90-plus from the region that went public last year.

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