SAN FRANCISCO (Reuters) - Initial public offerings will rebound only in 2010, despite a pick-up in activity that some investors say signal a resurgence, the National Venture Capital Association said on Thursday.
For those encouraged by such signs as the $340.4 million raised by battery maker A123 Systems Inc in its recent IPO, the trade association's message in its quarterly report is that total IPOs "fell far short of historical norms."
