Netskope, StubHub Lead IPO Wave, Targeting Over $1.6B Combined

**U.S. Equity Market Sees Surge in IPO Filings Amidst Strong Investor Appetite** Reuters reports a significant uptick in companies filing for initial public offerings (IPOs) on Monday, signaling robust investor demand as the U.S. equity market approaches record highs. This resurgence in listings follows a subdued April and is spearheaded by prominent filings from cybersecurity firm Netskope Inc. and ticketing platform StubHub Holdings Inc., alongside water infrastructure company WaterBridge Infrastructure LLC. Netskope Inc., a cloud security provider, plans to raise as much as $813 million by offering 47.8 million shares at a price range of $15 to $17 per share. This offering could value the company at up to $6.5 billion and would represent a significant exit for private equity holder Canada Pension Plan Investment Board. Founded in 2012, Netskope develops software to protect business data and operates within the secure access service edge (SASE) market, a sector Gartner forecasts to reach $25 billion by 2027. Notable customers include Qualcomm and BMO. Similarly, StubHub Holdings Inc. aims to raise up to $851 million through the sale of approximately 34 million shares, with an expected price range of $22 to $25 per share. At the high end of this valuation, StubHub could be worth around $9.2 billion. WaterBridge Infrastructure LLC also filed to go public, seeking to raise up to $540 million by offering 27 million shares priced between $17 and $20. This offering could establish a market valuation of $2.28 billion for the water infrastructure firm.