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US IPO Week Ahead: The IPO market remains quiet heading into the second quarter

March 25, 2022
Week Ahead

No IPOs are currently scheduled to price in the week ahead, though a few SPACs may join the calendar during the week.

There are a number of large issuers waiting in the pipeline once the IPO market becomes more amenable. Some of these deals include Bausch Health spin-off Bausch + Lomb (BLCO), mattress retailer Mattress Firm (MFRM), car sharing platform Turo (TURO), and digital ad firm Aleph Group (ALEF).

Lock-up periods will be expiring for up to five companies. 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 3/24/22, the Renaissance IPO Index was down 22.5% year-to-date, while the S&P 500 was down 4.8%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Uber Technologies (UBER) and Snowflake (SNOW). The Renaissance International IPO Index was down 22.9% year-to-date, while the ACWX was down 6.2%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Volvo Car Group and Zhejiang Kuaishou Information Technology.