The US IPO market has cooled significantly following Labor Day, with only three companies completing listings in September. Nuclear power firm Holtec Nuclear and insurance provider Bamboo Insurance recently postponed their offerings due to unfavorable market conditions. Bloomberg data indicates that of more than 24 companies that publicly filed since July with top Wall Street banks, only nine have successfully listed. AI company Anthropic has not yet submitted its anticipated listing documents, despite earlier expectations for a public filing by late August. Companies and investors are increasingly delaying large offerings amid concerns that major listings could divert attention from long-term investors and sovereign wealth funds. Although the Nasdaq recently reached new highs, uneven new stock performance and rising financing costs continue to pressure prospective issuers seeking optimal timing.