US IPO Week Ahead: IPO market serves up tea and drones after a volatile week
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The upcoming IPO week features two significant deals: Chagee Holdings aims to raise $396 million at a $5.2 billion market cap, focusing on premium tea drinks, while AIRO Group Holdings seeks $75 million at a $381 million market cap, specializing in aerospace and defense. The IPO market has seen a decline, with the Renaissance IPO Index down 19.4% year-to-date. Street research is anticipated for two companies, and four lock-up periods will expire soon.
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