This week will be a quiet one for new listings as is typical for the Memorial Day holiday. There are two names on the calendar but don't let that fool you about the potential excitement over the summer.

There are also a few names that are in the pending stages and could technically IPO at any point, including this week. The most notable name that could launch is Chewy.com (CHWY  ), PetsMarts online division which has been getting more and more attention due to its rapid growth.

The first offering of the week, and the largest is GigCapital2 (GIG.U  ). This is a blank check company looking for $130 million to continue it's acquisition run. Earlier this year the company acquired cloud company Kaleyra and is looking towards another acquisition in the space. They will offer 13 million shares at $10.

The other offering of the week is also a blank check company. Proficient Alpha Acquisition (PAACU  ) is looking to raise $100 million by offering 10 million shares at $10. They hope to raise the money to buy a Chinese based financial firm.

Though this week is holiday shortened it has not changed any projections from IPO analysts as for the level of action still expected over the summer and for the rest of the year.