It's another slow week coming up for the IPO markets, which usually join the broad markets in taking a break for the few remaining weeks until the summer is officially over. IPO markets should pick up activity just about the same time as the stock market. The stock market usually become more active and volatile just after Labor Day, but with the IPO markets we can tell ahead of time with more specificity if they will actually be active with new potential offerings.
This week will be a good indicator for the post-Labor Day IPO activity. By seeing which companies file this week, we will have a good idea how many will price after the holiday.
There are just three potential names coming out this week, and it's likely that none of them will garner real attention from investors.
The largest offering for the week is Megalith Financial Acquisitions
The second largest offering is Tenzing Acquisition
The last name is a small biotech company. Bionano Genomics