--- title: Weekly U.S. IPO & Equity Capital Markets Brief description: This week, there are no major U.S. IPOs scheduled as market activity slows. Key companies have filed, but patience is advised for September opportunities. image: https://blog.ipoprophet.com/hubfs/1%20IPO%20Thumbnail.png --- [Skip to content](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/weekly-u.s.-ipo-equity-capital-markets-brief#main-content) [![IPO_PROPHET_BLUE logo](https://blog.ipoprophet.com/hs-fs/hubfs/IPO_PROPHET_BLUE%20logo.png?width=2973&height=302&name=IPO_PROPHET_BLUE%20logo.png)](https://www.IPOProphet.com) - [Login](https://app.ipoprophet.com/login) Open main navigation Close main navigation - [Login](https://app.ipoprophet.com/login) [Subscribe to our Newsletter](https://share.hsforms.com/1xXldKrGiQBCbNmtOz6j4Jwq3cu4) [Go Back to Home](http://www.ipoprophet.com/) [Go Back to Blog](http://www.ipoprophet.com/blog) Aug 25, 2026, 11:32:51 AM # Weekly U.S. IPO & Equity Capital Markets Brief ![Picture of Eric Friedman](https://app.hubspot.com/settings/avatar/7a4cca62b5a89282b41a283a43efa80e) [Eric Friedman](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/author/eric-friedman) Share: [facebook-f icon](http://www.facebook.com/share.php?u=https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/weekly-u.s.-ipo-equity-capital-markets-brief) [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/weekly-u.s.-ipo-equity-capital-markets-brief) [Twitter icon](https://twitter.com/intent/tweet?url=https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/weekly-u.s.-ipo-equity-capital-markets-brief) [pinterest-p icon](http://pinterest.com/pin/create/link/?url=https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/weekly-u.s.-ipo-equity-capital-markets-brief) [envelope icon](mailto:?body=https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/weekly-u.s.-ipo-equity-capital-markets-brief) **Period:** Week of August 24, 2026 **Coverage:** U.S. transactions of at least $100 million **Bottom line.** There are no qualifying U.S. IPOs of at least $100 million scheduled to price this week. The calendar is extremely slow, leaving no active institutional book, roadshow-demand signal or issuance-day setup to evaluate. ## 1. Executive Summary IPO Prophet® shows a 39, LUKE-WARM Heat Index. The absence of qualifying supply is consistent with late-August seasonality and supports patience until the September calendar develops. The consequential activity is limited to the filed-but-untimed pipeline. CoVolt Power and Orion180 joined an already-public Q3 pipeline in which every watchlist name below has an S-1 or F-1 on file. None has launched terms for this week. ## 2. New Filing Pipeline | Issuer | Status / venue | Terms | Syndicate | Read-through | | --- | --- | --- | --- | --- | | CoVolt Power (KVLT) | S-1 filed Aug. 21; NYSE | Undisclosed; IPO Prophet® displays $100M placeholder | J.P. Morgan, Jefferies; RBC, UBS; KeyBanc, Nomura, Baird, Needham, Roth | Profitable solar/storage EPC; $3.6B backlog; H1 revenue timing and margin quality matter | | Orion180 Insurance (OIG) | S-1 filed Aug. 20; Nasdaq Global Select | Undisclosed; IPO Prophet® displays $100M placeholder | RBC, UBS, Raymond James; Goldman, Deutsche, Citizens, Texas Capital | Rapid specialty-insurance growth and profitability; catastrophe/reinsurance risk will drive valuation | **CoVolt.** First-half revenue declined to $308.3 million on project timing, while gross margin expanded to 17.6%, net income was $35.4 million and backlog reached $3.6 billion. Terms and primary-secondary mix will determine scarcity. **Orion180.** First-half revenue rose to $80.1 million and net income to $13.5 million from a year-earlier loss. Growth is constructive; catastrophe exposure, reinsurance cost and founder control will frame valuation. ## 3. Underwriter and ECM Read-Through **No conventional book this week.** There is no live institutional coverage metric to extrapolate. A quiet late-August calendar is not the same as a closed window; filed-but-untimed names are building September supply. **Syndicate preparation.** CoVolt and Orion180 use broad multi-bank groups, suggesting both issuers are prioritizing distribution reach and execution resilience before committing to terms. **ECM health.** The window is quiet and selective, not necessarily closed. The next useful evidence will come when a qualifying operating-company IPO launches with terms and begins building an institutional book. ## 4. ECM Watchlist | Name | Filing status | What matters next | | --- | --- | --- | | CoVolt Power (KVLT) | Public S-1 | Terms, primary-secondary mix, backlog valuation and margin normalization | | Orion180 (OIG) | Public S-1 | Terms, catastrophe exposure, reinsurance economics, float and founder control | | Cumberland Farms (CMBY) | Public F-1; terms pending | Defensive consumer demand, deal size and float construction | | Entrata (ENT) | Public S-1; terms pending | Software growth, profitability and crossover sponsorship | | Genneia (GENN) | Public F-1; terms pending | Argentina risk, power-market exposure, valuation and institutional depth | | Holtec Nuclear (HNUC) | Public S-1; terms pending | Nuclear-theme demand, deal size, valuation and primary-secondary mix | | Syntiant (SYTN) | Public S-1; terms pending | Edge-AI demand, semiconductor cyclicality and float construction | | Tailored Brands (MENW) | Public S-1; terms pending | Sponsor exit, leverage, consumer demand and valuation | | YPF Energía Eléctrica (YLUZ) | Public F-1; terms pending | Argentina risk, utility fundamentals and U.S. investor demand | IPO Prophet® | August 2026 [IPOs](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/ipos) ## Related posts [IPOs](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/ipos), [Black Rock Coffee](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/black-rock-coffee) ## [Wake Up and Smell the Capital Markets: Black Rock Coffee Goes Public](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/wake-up-and-smell-the-capital-markets-black-rock-coffee-goes-public) ![Picture of Eric Friedman](https://app.hubspot.com/settings/avatar/7a4cca62b5a89282b41a283a43efa80e) [Eric Friedman](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/author/eric-friedman) Sep 3, 2025, 4:45:39 PM [Read more](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/wake-up-and-smell-the-capital-markets-black-rock-coffee-goes-public) [![](https://blog.ipoprophet.com/hs-fs/hubfs/SK%20hynix%20thumbnail.jpg?height=200&name=SK%20hynix%20thumbnail.jpg)](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/sk-hynix-skhy-targets-landmark-28-billion-ipo-as-ai-memory-leader-expands-u.s.-investor-access) [IPOs](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/ipos), [2026](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/2026), [AI](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/ai), [SK hynix](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/tag/sk-hynix) ## [SK hynix (SKHY) Targets Landmark $28 Billion IPO as AI Memory Leader Expands U.S. Investor Access](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/sk-hynix-skhy-targets-landmark-28-billion-ipo-as-ai-memory-leader-expands-u.s.-investor-access) ![Picture of Eric Friedman](https://app.hubspot.com/settings/avatar/7a4cca62b5a89282b41a283a43efa80e) [Eric Friedman](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/author/eric-friedman) Jul 6, 2026, 4:53:20 PM [Read more](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/sk-hynix-skhy-targets-landmark-28-billion-ipo-as-ai-memory-leader-expands-u.s.-investor-access) [![](https://blog.ipoprophet.com/hs-fs/hubfs/image-png-Oct-28-2025-01-57-06-5595-AM.png?height=200&name=image-png-Oct-28-2025-01-57-06-5595-AM.png)](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/the-prophets-perspective-navans-tune-has-played-before) ## [The Prophet’s Perspective: Navan’s Tune Has Played Before](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/the-prophets-perspective-navans-tune-has-played-before) ![Picture of Scott Shelton](https://app.hubspot.com/settings/avatar/9f39d5740e08012b666d53c25ba6bbc8) [Scott Shelton](https://blog.ipoprophet.com/aslgkuh89gyaep98byanp9t8yaqtp98hyq358yna8pq48y/author/scott-shelton) Oct 27, 2025, 10:04:46 PM They say history rhymes but doesn’t repeat, and in markets, it helps to at least know the tune sung... 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