Bankers Prep for the Busiest Week of the Year in US IPO Rush

Companies are rushing to take advantage of recent market enthusiasm for new US listings despite September’s reputation as a tough month for stocks.

Five firms are now on deck to price their initial public offerings next week including digital payments firm Klarna Group Plc as well as Cameron and Tyler Winklevoss’ crypto exchange Gemini Space Station Inc. If all the IPOs price at the top of their marketed ranges to raise more than $3 billion in aggregate, next week would rank as this year’s busiest in the US in terms of deal volume, according to data compiled by Bloomberg.