Elevated commodity prices continue to drive a number of resource names to the local share market, with as many as seven junior explorers on the cards for an ASX debut in the week ahead. These names span commodities such as copper, gold, metals, industrial minerals and iron ore, highlighting the broad-based strength and interest in commodities at this present time. Combined, the seven resources floats have raised $48.5 million between them.

Innovative tech company Way 2 VAT (ASX: W2V) is another float looming this week, with its AI software used to automatically process VAT and GST claims for businesses. The Israel-based business, with exposure to travel opening up across Europe and the Middle East, raised $7 million at $0.20 per share. Also eyeing an ASX debut on the Friday is West Australian-based safety and people services provider SSH Group (ASX: SSH), which secured $6.25 million, and operates across labour hire, security and road safety services for construction, mining, civil and government sectors.After a month break, the US IPO market is back in full swing, with 10 names coming up this week. With a value of US$7.9 billion, profitable sports data and software provider Sportradar Group (NASDAQ: SRAD) is the biggest company to list, with the Swiss business working alongside media firms, betting agencies and sports leagues to cover 750,000 events per annum and over 80 sports.Not far behind, tech consultancy and enterprise software developer Thoughtworks (NASDAQ: TWKS) hopes to wrap up a US$700 million raise for a value in excess of US$6 billion, while Swiss athletic footwear and attire brand On (NYSE: ONON) and drive-thru coffee chain Dutch Bros (NYSE: BROS) also have multi-billion dollar market caps.

Upcoming IPOs

1. Legacy Minerals Holdings (LGM)

   • Focus: Gold and copper explorer

   • IPO Size: $7 million

   • Expected Debut: September 13

   • Market: ASX

2. Heavy Minerals (HVY)

   • Focus: Industrial minerals explorer

   • IPO Size: $5.5 million

   • Expected Debut: September 14

   • Market: ASX

3. Copper Search (CUS)

   • Focus: Copper and gold explorer

   • IPO Size: $12 million

   • Expected Debut: September 15

   • Market: ASX

4. Dalaroo Metals (DAL)

   • Focus: Metals explorer

   • IPO Size: $5 million

   • Expected Debut: September 15

   • Market: ASX

5. Pearl Gull Iron (PLG)

   • Focus: Iron ore explorer

   • IPO Size: $4 million

   • Expected Debut: September 16

   • Market: ASX

6. Star Minerals (SMS)

   • Focus: Gold explorer

   • IPO Size: $5 million

   • Expected Debut: September 16

   • Market: ASX

7. Koonenberry Gold (KNB)

   • Focus: Gold explorer

   • IPO Size: $10 million

   • Expected Debut: September 17

   • Market: ASX

8. SSH Group (SSH)

   • Focus: Safety and people services provider

   • IPO Size: $6.3 million

   • Expected Debut: September 17

   • Market: ASX

9. Way 2 VAT (W2V)

   • Focus: AI-driven VAT and GST reclaim service

   • IPO Size: $7 million

   • Expected Debut: September 17

   • Market: ASX

10. Iris Metals (IR1)

    • Focus: Gold explorer

    • IPO Size: $7 million

    • Expected Debut: To be announced (TBA)

    • Market: ASX

11. Li-S Energy (LIS)

    • Focus: Lithium-sulphur battery development

    • IPO Size: $34 million

    • Expected Debut: To be announced (TBA)

    • Market: ASX

Sportradar Group (SRAD)

• Description: Sports betting software and data provider

• Amount: US$504 million

• Date: September 14

• Country: United States

• DiCE Molecules (DICE)

  • Description: Phase 1 biotech for immunologic diseases

  • Amount: US$160 million

  • Date: September 14

  • Country: United States

• PROCEPT BioRobotics (PRCT)

  • Description: Urologic surgical robotic system

  • Amount: US$127 million

  • Date: September 15

  • Country: United States

• On (ONON)

  • Description: Swiss athletic apparel and shoe brand

  • Amount: US$591 million

  • Date: September 15

  • Country: United States

• Definitive Healthcare (DH)

  • Description: Healthcare intelligence platform

  • Amount: US$350 million

  • Date: September 15

  • Country: United States

• Dutch Bros (BROS)

  • Description: Drive-thru coffee shop franchise

  • Amount: US$400 million

  • Date: September 15

  • Country: United States

• Thoughtworks (TWKS)

  • Description: Digital consulting and software development

  • Amount: US$700 million

  • Date: September 15

  • Country: United States

• Tyra Biosciences (TYRA)

  • Description: Preclinical biotech for solid tumors

  • Amount: US$101 million

  • Date: September 15

  • Country: United States

• ForgeRock (FORG)

  • Description: Security identity management software

  • Amount: US$248 million

  • Date: September 16

  • Country: United States

• EzFill (EZFL)

  • Description: On-demand mobile fuel delivery service

  • Amount: US$25 million

  • Date: To be confirmed (TBC)

  • Country: United States

*All dates are subject to change and should be treated as an indicative guide only

Future Listings

ASX lithium favourite Liontown Resources (ASX: LTR) will spin-off its wholly-owned subsidiary Minerals 260, with the company set to raise between $15 million and $30 million through an IPO priced at $0.50 per share. Minerals 260 holds a number of projects targeting gold, copper and nickel, with the company set to be valued upwards of $110 million at the top-end of its raise target.Meanwhile, Washington H. Soul Pattinson (ASX: SOL) is looking to cash in on its exposure to metals producer Round Oak, with the fund manager looking to sell approximately half of the business via a prospective IPO. With commodity prices on the rise, Round Oak exposure to copper and zinc, not to mention gold, have proved pivotal in helping it chalk up about $60 million in EBITDA.There are also potential listings on the horizon from real estate funds Auctus and Real Estate Management Group, with the former offering exposure to student accommodation, and the latter holding a portfolio of assets in the healthcare and convenience sectors.In the US, a total of eight companies submitted initial documents for an IPO last week. The largest of the bunch was tech services provider TDCX (TDCX), a Singaporean company eyeing US$400 million that pitches itself as Asia largest Business Process Outsourcing (BPO) firm.Other noteworthy names include restaurant chain First Watch Restaurant Group (FWRG) and drug discovery platform Exscientia (EXAI), each looking to raise US$100 million, while ADHD drug developer Cingulate (CING) has plans to secure US$58 million in fresh capital via IPO.

Be sure to keep an eye out for our end-of-week bulletin covering all the major results among new ASX and US IPOs.