Reuters: IPOX® CEO Josef Schuster on Strengthening U.S. IPO Momentum Amid WaterBridge and Pattern Filings
Reuters reported a wave of new U.S. IPO filings as the listings market continues to heat up, underscoring strong investor demand and favorable macro conditions.
Midstream water management company WaterBridge Infrastructure, backed by Five Point and GIC, filed for a U.S. IPO with plans to list on both the New York Stock Exchange and NYSE Texas under the ticker “WBI.” The Houston-based company operates a vast infrastructure network across the Delaware Basin, serving major energy players including Chevron, Devon Energy, and EOG Resources.
IPOX® CEO Josef Schuster commented on the supportive environment for new listings:
“Lower U.S. rates and a proliferation of the rally to U.S. small- and mid-caps may add fuel to the fire towards year-end.”
Meanwhile, Utah-based Pattern Group, an e-commerce accelerator, also filed for a Nasdaq IPO under the ticker “PTRN” following a 35% revenue increase in the first half of 2025. With $1.14 billion in revenue and $47 million in net income, Pattern operates across platforms such as Amazon, Walmart, and TikTok Shop.
Reflecting on the broader IPO landscape, Schuster highlighted the market’s strong momentum:
“The golden age for U.S. IPO is here,” he said, pointing to a 25% gain in the IPOX® 100 Index. “With IPO proceeds earmarked to stay in the firm, the IPO aligns well with other growth-focused deals we have seen this year.”
Together, these filings illustrate growing confidence in the U.S. IPO market heading into the fall, with underwriters J.P. Morgan, Barclays, and Goldman Sachs leading several high-profile offerings.
Read the full coverage by Arasu Kannagi Basil on Reuters:
