- The Renaissance IPO Index rose +2.8% last week, outperforming the S&P 500's +0.4% gain amid a return of risk sentiment.
- Key market activity included solid trading for mid-sized debuts like Londian Wason and Vogenx, alongside upcoming plans for Lyntris to raise $492 million.
- Tech disruptors led the index winners with CoreWeave up +16.1%, while geothermal energy developer Fervo suffered steep losses of -23.6%.
- Three IPOs, one SPAC, and one closed-end fund priced during the week, alongside new filings from two IPOs and five SPACs.
- Londian Wason raised $94 million, Vogenx raised $81 million, and SunScout Holding raised $16 million in their respective US listings.
- Thunder Bridge Capital V raised $261 million as the sole SPAC to price during the August market lull.