Bankers Tee Up Busiest IPO Week Since 2021 After Choppy Start

Eight companies are targeting a collective $3.9 billion in what’s set to be the busiest week for US initial public offerings in more than four years.

There haven’t been this many issuers raising at least $100 million in a week since the market hit a fever pitch in November 2021 before shuttering for three years, according to data compiled by Bloomberg. Forgent Power Solutions Inc.’s potential $1.6 billion raise would make it the largest US initial public offering of the year when it prices on Wednesday.