MLT Aikins Among Top-Ranked Law Firms for IPOs in 2021 

MLT Aikins was among the top-ranked law firms in Canada in an explosive year for initial public offerings (IPOs), according to a report from CPE Analytics. 

Last year saw a record 171 IPOs – including IPOs of capital pool companies (CPCs) and special purpose acquisition companies (SPACs) – completed on Canadian exchanges, raising a record $10.18 billion, CPE reported. MLT Aikins placed fourth in CPE’s ranking of the top 10 law firms in Canada by IPO volume. 

The Toronto Stock Exchange led the way for capital raising, with 37 IPOs raising a total of $9.2 billion, followed by the NEO Exchange (five IPOs raising $510 million), the TSX Venture Exchange (103 IPOs raising $300 million) and the Canadian Securities Exchange (26 IPOs raising $182 million). 

British Columbia saw the most IPOs (90) and Ontario IPOs raised the most capital ($6.69 billion), while the mining sector accounted for the largest share (39%) of IPOs that were not CPCs or SPACs. 

MLT Aikins was pleased to rank among the top law firms in the country by IPO volume in a record year. Learn more about our Corporate Finance & Securities team.