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US IPO Week Ahead: December IPO market off to slow start

December 2, 2022
Week Ahead

One deal is expected to price in the week ahead. Although, it is not large enough to be included in our IPO stats.

After delaying its public debut, BullFrog AI Holdings (BFAI), is scheduled to price in the coming week. It plans to raise $8 million at a $34 million market cap. The pre-revenue company is developing an analytical AI/ML platform for drug development.

Sign up for a free trial of our premium platform, IPO Pro. Follow us on Twitter (@IPOtweet) and register for our updates on the IPO market.

One lock-up period will be expiring in the week ahead. For access to lock-up expiration and Street research dates, sign up for a free trial of IPO Pro.

Stay on top of the IPO market by reading our November IPO Market Update.

IPO Market Snapshot

The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 12/1/2022, the Renaissance IPO Index was down 51.4% year-to-date, while the S&P 500 was down 13.2%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Airbnb (ABNB) and Snowflake (SNOW). The Renaissance International IPO Index was down 34.8% year-to-date, while the ACWX was down 13.3%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Kuaishou and EQT.