IPO News – US IPO Week Ahead: Shutdown persists, but more IPOs take advantage of new SEC guidance
With the government shutdown still in effect, there are currently no IPOs scheduled for the week ahead. However, more SPACs and small issuers may join the calendar late.
The SEC’s new guidance remains relevant and has encouraged more large issuers to move forward with listings. Software firm Navan (NAVN), insurtech Exzeo (XZO), and electric aircraft maker BETA Technologies (BETA) have all set terms under the updated guidelines and are scheduled to list in late October or early November.
Street research is expected for one company in the week ahead, and five 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 10/16/2025, the Renaissance IPO Index was up 12.2% year-to-date, while the S&P 500 was up 13.9%. Renaissance Capital’s IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Arm Holdings (ARM) and Reddit (RDDT). The Renaissance International IPO Index was up 41.0% year-to-date, while the ACWX was up 28.7%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Galderma and Horizon Robotics.
