US IPOs to Slow After Five Weeks of $1 Billion-Plus Volume (1)

Initial public offerings in the US are poised to take a breather, with volume expected to snap a solid run of five consecutive weeks with more than $1 billion raised.

Last week’s first-time share sales, led by electric vehicle maker Zeekr Intelligent Technology Holding Ltd.’s $441 million offering, capped the longest streak of $1 billion-plus weeks in nearly three years, according to data compiled by Bloomberg. The deal flow adds to signs that the US IPO market has turned a corner after two years of anemic volume.

While the likes of Goldman Sachs Group Inc. Chief Executive Officer ...