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Updated: Renaissance Capital's 2025 US IPO Market Review

January 2, 2026

Gradual IPO Rebound Continues in 2025 Despite Volatility

After building a solid base in the prior year, the US IPO market continued its gradual recovery in 2025, though hopes for a full rebound were dashed by volatility from tariffs, an extended government shutdown, and a 4Q pullback in AI stocks. Still, new issuance reached a four-year high...

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