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US IPO Week Ahead: Markets set to go quiet for Christmas holiday

December 19, 2025
Week Ahead

No IPOs are currently scheduled in the week ahead, although smaller issuers may join the calendar throughout the week.

This is the final edition of the Week Ahead for 2025. Our weekly blogs will resume in the first week of January.

This week, we released our 2025 US IPO Market Review, outlining activity over the past year, as well as what to expect in 2026 titled “Gradual IPO Rebound Continues in 2025 Despite Volatility”.

Five lock-up periods will be expiring in the week ahead. For access to 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 12/18/2025, the Renaissance IPO Index was up 5.3% year-to-date, while the S&P 500 was up 16.6%. Renaissance Capital’s IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Reddit (RDDT) and Kenvue (KVUE). The Renaissance International IPO Index was up 36.0% year-to-date, while the ACWX was up 30.6%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Galderma and Horizon Robotics.