The stock market will be closed Monday this week in observance of Presidents' Day. As is typical when the markets have a shortened week, the IPO markets tend to take a break. This week is no exception. There are many companies working their way towards IPOs, meaning they're currently finalizing their fourth quarter financial statements or are exploring banks to take them public. If there is any breaking news in the IPO world, it will likely be from new filings or updates on the progression of future listings.
There's one IPO available this week in the blank check company category: Acamar Partners Acquisitions (NASDAQ: ACAMU), which is focused on acquiring high-growth companies in the consumer and retail sectors. They will be offering 30 million shares at $10 in hopes of raising $300 million for their acquisition plans.
With the broad markets staying consistent so far in the first few months of the year, it is widely expected that March will see an uptick in activity as well as new companies launching.