No IPOs are currently scheduled to price in the week ahead, although a few SPACs may join the calendar during the week.
Although the calendar is quiet, several large issuers have kept the pipeline active, including piano maker Steinway Musical Instruments Holdings(STWY), childcare provider KinderCare(KLC), thrift store chain Savers Value Village(SVV), and AIG carve-out Corebridge Financial(CRBG).
Lock-up periods will be expiring for some of the last names of the 2021 class of IPOs, including billion-dollar issuer Nu Holdings(NU), restaurant chain Sweetgreen(SG), and bitcoin miner Iris Energy(IREN). Investors will likely watch trading closely: The largest IPO of 2021, Rivian(RIVN) traded down more than 20% on Monday following its lock-up expiration.