Two IPOs are currently scheduled for the week ahead, though some smaller names may join the calendar late.
Radio signal analyzer HawkEye 360 (HAWK) plans to raise $400 million at a $2.7 billion market cap. HawkEye designs and operates a constellation of small satellites that collect radio frequency data, then processes that data through proprietary signal processing and AI-enabled analytics software to detect, geolocate, classify, and track emitters. Its portfolio of offerings are used across defense, intelligence, maritime security, and spectrum monitoring applications. HawkEye is coming to market amid strong trading in space-based signaling peers. The company is growing but unprofitable, and it has some customer concentration.
Beverage brand Suja Life (SUJA) plans to raise $200 million at an $871 million market cap. Through its Suja Organic, Vive Organic, and Slice brands, the company sells cold-pressed juices, wellness shots, and functional sodas. Suja is a leader in the cold-press and wellness shot categories, and its vertical integration supports a strong processing cycle. That said, it carries a heavy debt load, and interest expense has weighed on its bottom line.
| U.S. IPO Calendar | |||
|---|---|---|---|
| Issuer Business | Deal Size Market Cap | Price Range Shares Filed | Top Bookrunners |
| HawkEye 360 (HAWK) Herndon, VA | $400M $2,728M | $24 - $26 16,000,000 | Goldman Morgan Stanley |
| Provides space-based radio signals intelligence for defense applications. | |||
| Suja Life (SUJA) Oceanside, CA | $200M $871M | $21 - $24 8,888,889 | Goldman Jefferies |
| Producer of branded cold-pressed juices and other soft drinks. | |||
Street research is expected for one company, and lock-up periods will be expiring for six companies. 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 4/30/2026, the Renaissance IPO Index was up 6.5% year-to-date, while the S&P 500 was up 5.7%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include CoreWeave (CRWV) and Arm Holdings (ARM). The Renaissance International IPO Index was up 23.6% year-to-date, while the ACWX was up 9.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Kioxia and Galderma.
