This Week in the Index- IPOs and Acquisitions

Week of August 21 – August 27, 2025

Quick Summary

Welcome back to This Week in the Index, where we’ll give a brief overview of what happened this week among Prime Unicorn Index components. No new financings. xAI up in secondaries. Publics mixed (CoreWeave up; Circle and Figma lower). The Prime Unicorn 30 Index fell 0.3% WoW.

Primary Rounds & Filings

  • Netskope* filed its S-1 on August 22.

Secondary Transactions

  • xAI: $36.00 → $36.56 (+1.6%)

Public Components (WoW)

  • CoreWeave (CRWV): +5.9% to $96.93
  • Circle (CRCL): -7.6% to $127.40
  • Figma (FIG): -5.6% to $69.88
  • Hinge Health* (HNGE): +0.9% to $57.77

Notable News

Index Performance

  • The Prime Unicorn 30 closed at 166.3 on Aug 27, down 0.3% vs. 166.82 on Aug 20

*These companies are components of the Prime Unicorn Composite Index, but are not included in the Prime Unicorn 30 Index.

Netskope Files for IPO

Cloud security provider Netskope filed to go public on the Nasdaq under the ticker NTSK, marking one of the biggest cybersecurity offerings of the year.

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