Xpeng Motors (XPEV) is the only IPO expected to price next week. The Chinese EV automaker hopes to raise more than $1B with the offering as it looks to compete with Nio (NYSE:NIO) and Li Auto (NASDAQ:LI).
IPO quiet period expirations
- Vertex (NASDAQ:VERX) and Li Auto (LI) on August 24
- Vital Farms (NASDAQ:VITL), AlloVir (NASDAQ:ALVR) and Fathom Holdings (NASDAQ:FTHM) on August 25.
IPO lockup expirations
- Passage Bio (NASDAQ:PASG) on August 26.
Also of interest to the IPO world, Y Combinator’s latest batch of startups present to an invite-only audience of approximately 1,000 investors and media next week. Stripe, Airbnb, Cruise Automation, DoorDash, Coinbase, Instacart, Dropbox and Twitch have all come out of the startup accelerator.
