Nasdaq’s Friedman Says 85 Firms Waiting to IPO in Busier Year

Nasdaq Inc. has more than 80 companies ready to go public in what is expected to be a busier year for initial public offerings, according to Chief Executive Officer Adena Friedman.

“We have about 85 companies that have filed to go public on Nasdaq, so it means they are ready for the markets to be open,” Friedman said in an interview with Bloomberg TV from Davos on Tuesday.

The exchange operator has been navigating a muted environment for initial public offerings which pulled back significantly from a peak in 2021. As CEO, Friedman has steered Nasdaq beyond its roots ...