Two small deals on the IPO calendar this week.

As we plunge into the thick of the summer months many IPO investors have to get comfortable with the summertime slowdown. It is common to see a slowdown in IPO launches as well as a decrease in overall market volume. So far this summer the markets, as well as the IPO markets have been right on track with its typical summer performance. That being said, IPO's don't come to a halt, just a slowdown, and this week we still have two small IPO's launching.

This week we have what the industry calls "micro-cap" IPO's. Just a few small ones which will be trying to raise just over $100 million together. Don't let this small IPO week fool you though as there are many names that have filed and could be offering themselves soon. One of the big focus IPO's would be Frontier Group (NASDAQ: FRNT), and airline that could have a deal size over $500 million.

ShotSpotter (NASDAQ: SSTI) will be looking to raise $31 million this week. The company that provides law enforcement with a sensor that detects gunshots will be offering 2.8 million shares at a range of $10 - $12. Founded in 2004 the company is hoping to further expand its sales, becoming the leader in gunshot detection solutions.

Plymouth Industrial (NYSE: PLYM) is a real estate investment trust which has ownership interests in 20 industrial buildings in the Midwest and Eastern US. They are looking to raise $75 million by offering 3.75 million shares at a range of $19 - $21. Based out of Boston, MA the company is looking to continue acquisitions of single and multi-tenant, class B industrial properties.