January's initial public offering (IPO) market stayed red hot last week, with eight traditional IPOs and 24 Special Purpose Acquisition Companies (SPAC) going public, lead by two billion dollar debuts and raising a combined total of over $11.8 billion. The week ahead his cooled slightly due to the shortened holiday trading week, but is still busy with four companies looking to list on U.S. markets.

The largest deal last week was posted by Playtika Holdings Corp. (PLTK  ), which raised a whopping $1.88 billion from pricing shares at $27 each. The casino game developer's portfolio contains nine of the top 100 grossing mobile games in the United States market, with the company reporting strong growth as the online casino and sports-betting industry continues to expand. Playtika finished its first week up 17%.

Also raising a billion dollar debut, Affirm Holdings, Inc. (AFRM  ) priced its shares above its upwardly revised range at $49 each to raise a little over $1.2 billion. The company operating in the growing "buy now, pay later" ecommerce market trend, which offers short term loans to consumers without the need for a credit card. The company is one the leaders in this highly competitive industry, with Affirm facilitating over 17.3 trillion transactions from about 6.2 million customers as over September 30, 2020. Investors are onboard for the ecommerce trend, with Affirm ending the week up 139%.

Petco Health & Wellness Company, Inc. (WOOF  ) followed not too far behind, raising $864 million from pricing shares above the range at $18 each. The consumer pet products retailer plans to focus on growing its owned brands and ecommerce presence in order to compete with rivals like Chewy (CHWY  ). The company has benefitted from the coronavirus pandemic, as more people adopt pets amid stay at home orders. The stock finished the week up 54%.

Driven Brands Holdings (DRVN  ) was next, pricing its shares above the range at $22 each to raise just over $700 million. The auto service provider is a leading franchise in North America, with over 4,100 locations. The company finished the week up 21%.

Poshmark, Inc. (POSH  ) followed, raising over $277 million from pricing shares at $42 each. The stock posted the best first-day performance the the week, popping 142% as investors were excited to cash in on the growing consumer demand for secondhand apparel. Poshmark, however, operates in a highly competitive market. The stock gave back earlier gains by the end of the week, finishing up 98%.

Motorsports Games Inc. (MSGM  ) came next, pricing its shares at the high end of its upwardly revised range at $20 each to raise $60 million. The company develops and publishes racing video games, notably being the company behind the NASCAR video game franchise. The stock ended the week up 50%.

Kuke Music Holding Ltd (KUKE  ) lead the rear, pricing its share at the low end of $10 each to raise $50 million in its debut. The company was China's largest classical music licensing service provider and second largest classical music subscription service platform in 2019. However, revenues have decline for both its full year 2019 and the first nine months of 2020. The stock ended the week up 1%.

Qilian International Holding Group Ltd (QLI  ) was last, pricing its shares at the low end of its range at $5 each to raise $25 million in its public listing. The Chinese chemical producer is profitable, but saw revenues decline in its full year 2019. Investors looked past that though, with the stock ending the week up 75%.

Last week also saw the addition of 24 SPACs, which raised a combined total of $6.8 billion in their public offerings.

For the week ahead, four traditional IPOs are ready to launch in the shortened holiday week.

RLX Technology Inc. (RLX  ) plans to raise over $1 billion from the sale over 116.5 million shares offered in the range of $8 to $10 each. The company is a leading seller of e-cigarettes and related accessories in the Chinese market, holding over 60% of the e-cigarette market share for the nine months ended Sept. 30, 2020 with over 100,000 retail locations throughout China.

Patria Investments Ltd (PAX  ) plans to raise $490 million in its offering, setting its share price range at $14 to $16 each for the sale over over 26.6 million shares. The company is one of the leading private equity firms in Brazil, raising over $8.7 billion since 2015. Patria had $12.7 billion assets under management with 16 active funds for the first nine months of 2020.

MYT Netherlands Parent B.V. (MYTE  ) plans to raise about $324 milion from over 15 million shares priced between $16 and $18 each. The ecommerce platform operates under the name Mytheresa, provided apparel from multiple luxury brands. The company is profitable, with about 522,000 active users on its fast growing platform.

Dream Finders Homes, Inc. (DFH  ) plans to raise $165 million from 9.6 million shares priced between $12 to $15 each. The Florida-based homebuilder is expanding nationally in the United States, with the company having successfully completed several acquisitions.