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US IPO Week Ahead: No IPOs scheduled, but large issuers look primed to launch

March 14, 2025
Week Ahead

No IPOs are currently scheduled to price in the week ahead, but a few sizable issuers could launch.

Rising volatility has dampened expectations for March activity, but companies are still signaling plans to list in the near term. AI-focused cloud computing firm CoreWeave (CRWV), which is on tap for an IPO we estimate could raise more than $3 billion, and adtech MNTN (MNTN) are both eligible to launch in the coming week. Other recent filers that have been waiting in the pipeline may also kick off roadshows, including aerospace and defense company AIRO Group (AIRO).

Street research is expected for one company in the week ahead, and two lock-up periods will be expiring. 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 3/13/2025, the Renaissance IPO Index was down 13.8% year-to-date, while the S&P 500 was down 5.9%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Kenvue (KVUE) and Arm Holdings (ARM). The Renaissance International IPO Index was up 7.2% year-to-date, while the ACWX was up 6.1%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Galderma and Porsche.