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US IPO Week Ahead: August set to end on a quiet note

August 22, 2025
Week Ahead

There are currently no IPOs currently scheduled in the week ahead, although some small deals may join the calendar at the last minute. This comes amid the busiest August for IPOs since 2020, with 15 pricings.

Most sizable IPOs on file are likely to launch after the Labor Day holiday, as markets gear up for an eventful September. Possible launches in the coming weeks could come from StubHub (STUB), Klarna (KLAR), Legence (LGN), Via Transportation (VIA), Figure (FIGR), and Gemini (GEMI).

Street research is expected for four companies in the week ahead, and three lock-up periods will be expiring. For access to Street research and lock-up expiration dates, sign up for a free trial of IPO Pro.

IPO Market Snapshot
The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 8/21/2025, the Renaissance IPO Index was up 11.7% year-to-date, while the S&P 500 was up 9.2%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Reddit (RDDT) and Astera Labs (ALAB). The Renaissance International IPO Index was up 31.8% year-to-date, while the ACWX was up 22.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Galderma and J&T Global Express.