A total of 52 Equity Offering deals (pending and completed) were announced across the world, driven by Internet of Things, in the last twelve months resulting in a total deal value of over $9,365.8 million. In the LTM period, June 2021 turned out to be the most prolific in terms of deal size, with a total deal value of $4,199.4 million, resulting in an average deal value of $524.9 million during that month. On the other hand, the month of June 2021 was the most prolific in terms of deal volume, recording a total of 8 deals, resulting in an average deal value of $524.9 million during that month.
Of the 52 deals, the deal secured between Redstart Labs; The Goldman Sachs Group Inc and Wso2 Inc, was the world's largest Equity Offering deal driven by Internet of Things, which was valued at $93.0 million and was completed on November 11, 2021. The second-largest deal was between Bill Gates; Hanwha Systems Co Ltd and Kymeta Corp, while the third-largest deal was between Shanghai Bilibili Technology Co., Ltd and China Telecom Corp Ltd. The Bill Gates; Hanwha Systems Co Ltd-Kymeta Corp deal and the Shanghai Bilibili Technology Co., Ltd-China Telecom Corp Ltd deal were valued at $84.0 million and $77.1 million, respectively. The fourth-largest deal was between Adit Ventures; DAA Capital Partners SA; Nexus Space LLC; Palantir AS; Primo Space Fund-Astrocast SA valued at $51.4 million, whereas the deal between Microsoft Corp; Sompo Holdings, Inc.-Wejo Ltd valued at $25.0 million was the fifth-largest deal.
Cumulatively, the top five deals amounted to $330.5 million and accounted for nearly 3.53% of the total deals (by value) announced during the last twelve months. By region, Asia-Pacific accounted for 72.16% of the total Equity Offering deals done globally, and recorded a total deal value of $6,758.7 million, which accounted for 32.69% of the total deal size on a global scale.
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