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U.S. IPO Weekly Recap: Pipeline Swells With Sizable IPO Filings As Metals Royalty Direct Lists

Seeking Alpha
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⚡ Quantum Brief
The U.S. IPO market saw modest activity last week, with only one traditional IPO pricing alongside two SPACs, while twelve new filings expanded the pipeline. Three significant IPOs are slated for the upcoming week, with potential additions from smaller issuers as the calendar evolves. The Metals Royalty Co. completed a direct Nasdaq listing, marking a notable alternative to traditional IPOs for Canadian royalty acquirers. Analyst coverage will initiate for three companies next week, providing fresh market insights ahead of their post-IPO performance. Five lock-up periods are set to expire, potentially increasing share supply and volatility for recently public firms.
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Renaissance Capital IPO Research7.43K FollowersFollow5ShareSavePlay(7min)CommentsSummaryOne IPO priced this past week, joined by two SPACs, and twelve deals joined the pipeline.Three sizable IPOs are currently scheduled in the week ahead, and some smaller issuers may join the calendar throughout the week.Street research is expected for three companies in the week ahead, and five lock-up periods will be expiring. aprott/iStock via Getty Images One IPO priced this past week, joined by two SPACs, and twelve deals joined the pipeline. Canadian royalty acquirer The Metals Royalty Co. (TMCR) completed its direct listing on the Nasdaq and opened forThis article was written byRenaissance Capital IPO Research7.43K FollowersFollowRenaissance Capital provides pre-IPO research to institutional investors and investment banks. The Firm manages two IPO-focused funds: The Renaissance IPO ETF (NYSE: IPO) and the Renaissance International IPO ETF (NYSE: IPOS). Individual investors can get a free overview of the IPO market on www.renaissancecapital.com, and try a free trial of our premium platform, IPO Pro (ipopro.renaissancecapital.com).

Through Renaissance Capital’s pre-IPO research service, institutional investors get an independent opinion, in-depth fundamental analysis, and customizable financial models on all IPOs.

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