While it seemed market uncertainty and tariff concerns would delay the IPO, Hinge Health moved forward ... even larger delayed tech IPOs such as Klarna, StubHub, Circle and others, DeGagne wrote.

As of May 15, online payments company Klarna and ticket marketplace StubHub ... been planning a spring 2025 IPO until Liberation Day tariffs forced an indefinite delay, per the Financial Times.

Online ticketing platform StubHub also put its IPO plans on ice. Prior to the IPO delay, Klarna had been on a marketing blitz touting itself as an artificial intelligence-powered fintech.