NPM breaks $30B in total volume transacted and records most programs in a first quarter since its inception. Through quarter close, NPM has surpassed more than 450 company-sponsored liquidity programs.
Q1 2021 Market Highlights and Trends
- We completed 21 programs with a total transaction volume of $1.2B in Q1, representing a 38% year-over-year increase in company sponsored programs
- Late-stage companies are expanding beyond basic tender offers by implementing centralized auction-structured programs.