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Two IPOs are currently scheduled for the week ahead, although some small issuers may join the calendar late. As of 11/2/2023, the Renaissance IPO Index was up 23.5% year-to-date, while the S&P 500 was up 14.0%. Renaissance Capital's IPO ETF tracks Renaissance IPO Index, and top ETF holdings include Palantir Technologies and Kenvue.

Seeking Alpha 2023 Nov 04
NCI Stock News Image - Seeking Alpha

Neo-Concept International Group Holdings Limited has filed for a micro-IPO to raise $9 million. The company offers apparel design, manufacturing, and logistics management services. Neo-Concept's revenue has declined, cash burn is high, and valuation expectations are excessive.

Seeking Alpha 2023 Nov 02
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