The initial public offering (IPO) market cooled down its recent hot streak in the shortened holiday week last week, with only six traditional IPOs raising nearly $2 billion. The special purpose acquisition company (SPAC) market also slowed down from its record breaking momentum, with just two blank check companies raising $300 million.

Last week's biggest offering was made by Frontier Group Holdings, Inc. (ULCC  ), which raised $570 million from pricing its shares at the low end of its range at $19 each. The low-cost airline is targeting the leisure travel industry and its coronavirus recovery is uncertain at this time. It's competitors include other smaller U.S. airlines like JetBlue (JBLU  ) and Southwest Airlines (LUV  ). The company finished the week down 1%.

The week's best performance was from Coursera Inc. (COUR  ), with the stock finishing up 39%. Coursera raised $519 million by pricing its shares at the high end at $33 each. The online education platform operates a global network from partnership with over 200 leading universities and education organizations.

Here's the rest of the week's listing in order of offering amount:

Compass, Inc. (COMP  ) raised $450 million from pricing its downsized offering at the low end of its downwardly revised range at $18 each. The online real estate brokerage platform connects prospective buyers to over 19,000 real estate agents in over 20 states in the U.S. The company ended up 12%.

Achilles Therapeutics PLC (ACHL  ) raised $176 million from pricing shares at its midpoint of $18 each. The U.K.-based biopharmaceutical company focuses on the development of T cell therapies for the treatment of solid tumors. Interim data from the company's ongoing Phase 1/2a clinical trials for advanced NSCLC and metastatic or recurrent melanoma is expected in the second half of 2022. The stock finished down 11%.

Smart Share Global Ltd (EM  ) raised just over $150 million by pricing shares below the range at $8.50 each. The Chinese network of handheld device charging stations has 664,000 locations across China. The stock ended the week up 1%.

Karooooo Ltd. (KARO  ) raised $29.4 million from its downsized offering pricing shares at $28 each. The cloud-based transportation data analytics platform offers services for customers to optimize their business and employee workforce. The stock finished up 21%, making it the week's second best performer.

For the week ahead, the IPO market is continuing its rest period with only one traditional offering gearing up to list. The IPO market posted its busiest quarter in two decades, according to Renaissance Capital, with the Nasdaq setting a first quarter record of 275 offerings.

Inspira Technologies OXY (IINN  ) plans to raise $17 million from 2.8 million shares priced in the range of $5.50 to $6.50 each. The Israeli medical device developer's lead product is for a novel respiratory support system, which has not been testing humans or approved by the U.S. Food and Drug Administration. The company's competitors include Boston Scientific (BSX  ), Becton Dickinson (BDX  ) and Medtronic (MDT  ).