On April 5th, according to the WSJ, hopes for a US IPO revival have vanished. Sources revealed that ticket market StubHub and fintech company Klarna have postponed IPO roadshows originally scheduled to start next week. Some say another fintech company Chime is delaying filing public financial reports and has also postponed its IPO.

Virtual physical therapy company Hinge Health is monitoring the market and is expected to go public by the end of April. According to Bloomberg, stablecoin USDC issuer Circle has announced a delay in its IPO process. Additionally, reports suggest medical technology company Medline has postponed its US IPO.

Stock market crashes on Thursday and Friday have closed the door on companies waiting to go public. Over the past three years, the US IPO market has experienced a difficult period, but many bankers and lawyers hoped 2025 would be the year IPOs return to normal pace. Instead, global trade tensions are disrupting the stock market, causing unease among investors and executives.