Well its been a few weeks since the IPO markets have seen any excitement but all that is about to change. As is typical for the "pre-labor day" stretch, IPO's tend to dry up. Now that the holiday is beyond us we can expect to see the backlog of filings make their way to the open market.
This week we have two names that will be looking for a total of $590 million. There is a small real estate investment trust looking for $90 million, and then a blank check company that will soak up the other $500 million. Analysts note that in both cases there is not much information and investors will be trusting the experience of the management team.
Social Capital Hedosophia Holdings
Tremont Mortgage Trust
Looking forward there are 6 IPO's already for the week of September 18th, and with the backlog of filings, October is also looking positive as well..