{"id":215631,"date":"2025-10-11T01:21:08","date_gmt":"2025-10-11T01:21:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/215631\/"},"modified":"2025-10-11T01:21:08","modified_gmt":"2025-10-11T01:21:08","slug":"ipo-news-us-ipo-weekly-winners-losers-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/215631\/","title":{"rendered":"IPO News – US IPO Weekly Winners & Losers"},"content":{"rendered":"

The IPO calendar is still seeing sparks of activity, even as the US government shutdown drags on.<\/p>\n

The week\u2019s two major deals both got done. Commercial laundry company Alliance Laundry (NYSE: ALH)<\/a> and Apollo-backed university operator Phoenix Education (NYSE: PXED)<\/a> both came to market at solid discounts to their public peers, and traded up +13-14%. Not the most exciting deals, but a bright spot given the dim returns from LBOs this year.<\/p>\n

Alliance and Phoenix received SEC clearance before the shutdown, but others will now need to get creative, and we\u2019re already seeing that in action.<\/p>\n

Schizophrenia biotech MapLight Therapeutics (Nasdaq: MPLT)<\/a> launched its $251 million IPO this week, opting to go public via the rarely-used Section 8(a) of the Securities Act. That allows it to price at the filed terms after 20 days, lining up a late October listing.<\/p>\n

While this option may work for a biotech (like recent filers Evommune<\/a> or BillionToOne<\/a>), for most companies it\u2019s nearly impossible for bankers to lock in IPO terms and then wait three weeks to price.<\/p>\n

In response, the SEC just released new guidance<\/a> that makes it easier to go public: Companies still have to wait 20 days, but can launch with a range and price outside the range. This should open up the deal calendar over the next month, even if the lack of SEC review keeps the long-term IPO pipeline frozen for now.<\/p>\n

The IPO Index slipped -1.0%, outperforming the S&P 500\u2019s -2.4% loss. Stocks climbed higher for much of the week, until the threat of new tariffs on Friday sent markets tumbling. Web design platform Figma led the winners by a solid margin, gaining +15.1% after its tech was included in a demo by OpenAI\u2019s Sam Altman. Embattled energy play Venture Global plummeted -32.3% after losing an arbitration dispute with BP.<\/p>\n


\n The Renaissance IPO Index returned -1.0% last week vs. -2.4% for the S&P 500. \n <\/p>\n","protected":false},"excerpt":{"rendered":"The IPO calendar is still seeing sparks of activity, even as the US government shutdown drags on. The…\n","protected":false},"author":2,"featured_media":200765,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[115580,122235,28,122234,122233,112,115581,84058,115573,115572,115574,115575],"class_list":["post-215631","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-alliance-laundry-nyse-alh","tag-billiontoone","tag-business","tag-evommune","tag-maplight-therapeutics-nasdaq-mplt","tag-markets","tag-phoenix-education-nyse-pxed","tag-renaissance-ipo-etf","tag-us-initial-public-offerings","tag-us-ipos","tag-weekly-best-performing-us-ipos","tag-weekly-worst-performing-us-ipos"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/215631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=215631"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/215631\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/200765"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=215631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=215631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=215631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}