According to data from Refinitiv, 2022 is on track to be the worst year for U.S. listings since 2009, with IPOs having raised roughly $5 billion in the first seven months this year - a 96% decline from the same period in 2021, according to Refinitiv.

Nevertheless, some companies have braved a frigid IPO market and gone public on U.S. stock exchanges this year.

Following is a list of the 10 largest IPOs since March:

Company Capital Stock Background

raised performance

since

listing

Bausch + $712 mln -16% in New Eyewear co, was taken

Lomb Corp York private by private

equity firm Warburg

-17% in Pincus in 2007, and

Toronto later by Canada-based

Valeant

Pharmaceuticals for

$8.57 bln in 2013.

Excelerate $384 mln -21% Founded by energy

Energy Inc tycoon George

Kaiserhe, the LNG

provider's IPO was

the first major U.S.

IPO since Russia

invaded Ukraine.

ProFrac $288 mln -1% Provides hydraulic

Holding fracturing services,

Corp a process that breaks

up underground

bedrock to free up

oil or gas reserves.

Hillevax $200 mln -32% Boston,

Inc Massachusetts-based

co is currently

developing a vaccine

for immunization

against

gastroenteritis.

Ivanhoe $169 mln -24% Mining tycoon Robert

Electric Friedland-led company

Inc focuses on metals for

electrification such

as copper, gold,

silver, nickel.

PepGen Inc $108 mln -28% Clinical-stage

biotech is developing

treatments for

neurological

diseases.

AN2 $79 mln -40% Menlo Park-based co

Therapeutic provides therapies

s Inc for treatment of

chronic diseases.

Hanover ~$27 mln -7% Offers financial

Bancorp Inc services, loans,

mortgages and card

services.

Intelligent $25 mln -84% Hong Kong-based

Living company designs lock

Application sets and smart

Group Inc security systems.

Nano Labs $20 mln -7% China-based chipmaker

Ltd designs products that

can be used for

cryptocurrency

mining.

Source: Dealogic

(Reporting by Angelique Chen in New York and Niket Nishant in Bengaluru; Editing by Anirban Sen and Lincoln Feast)