Despite a brief slowdown due to tariff fears earlier in the year, IPO and deal making activity have been rampant as of late, and Goldman Sachs is attributing the acceleration to a more favorable and lenient regulatory environment under the Trump administration.
The investment bank's IPO activity has surged markedly, with Goldman preparing for its busiest.
IPO week in over 4 years been most active since July 2021.
Meanwhile, M&A volume increasing about 32% year over year, with deals larger than $10 billion doubling in frequency.
More broadly, NYSE President Lynn Martin remarking on the IPO market.
You don't have to be profitable to go public, but you need to Have a path to profitability you can articulate to investors.
Joining me today is Desmond Fu, CEO of Enigmatic Limited, headquartered in Singapore.
Hi Desmond, thank you so much for joining me.
So with regulations constantly changing around the globe, how does Enigmatic help SMCs keep up and also stay compliant while expanding?
Oh Um, for us, change is the only constant.
So with that in mind, we do have a infrastructure that is in place that we constantly use that to actually help our clients to simplify processes, to simplify uh regulation, uh uh.
Uh, regulation structures.
So it actually helps the clients to go to the market faster and we get them from point A to point B with with speed.
Yeah, and there is significant IPO as well as deal making activity right now.
So why did Enigmatic choose the US as its preferred location for listing and how does this actually support your mission to help small businesses expand internationally?
So we our businesses actually HQ in Singapore, but most of our clients are global.
So we need to find an exchange that resonates with all the clients that are from different parts of the world.
So it's very clear to us and to our clients that US is actually a place that provides confidence as well as credibility for our clients.
So hence we choose US as the place of destination for listing.
And Desmond, how does your listing actually enhance your ability to support clients through each stage of expansion, especially when it comes to service innovation, not to mention growth?
Uh, with listing, of course, we do get access to more funds, and I think the keyword right now in the market is speed.
So for us, speed is very important and we know the climate is ever changing.
So with speed we could actually invest more in towards the infrastructure, towards the technology, and towards the people, and with that it actually helps us to bring.
More capital structure to our clients to actually help them to to Grow and as well as to uh achieve their aim with with whatever resources we can give it to them.
Yeah, and Desmond, as we count down to your end only several more months ago, Fitch rating slightly raising its global growth forecast for the year.
So give us a better understanding of what expansion into international markets looks like right now for SMEs.
So at least in this part of the world, we can see that there are a lot of customers in Asia that is looking to go global and in animatic we what we want to do is to bring our clients global by being local.
So wherever they want to plant a flag to to go global, we will dive in to be as global as local as possible to help them grow, and in time to come, we hope that Not only can we service the customers that is in Asia that is going global, but we are also seeing a lot of momentum in terms of customers in the West wanting to come into the East.
So in time to come, we hope that we can service that part of the world and be the first name company to be mentioned.
Uh, when it comes to Bringing company globally.
OK, Desmond, we will have to leave it there, but thank you so much for joining us today and have a great weekend.
Thank you so much.
Have a great day.
