Private equity-backed technology firm Liftoff Mobile has launched plans to raise an estimated $711 million in its initial public offering, joining a crowded pipeline of IPO prospects that are slated to go public during the first week of February.

The Redwood City, California-based company plans to offer 25.4 million shares at a range of $26 to $30, raising $711 million at midpoint, according to a Thursday filing with the U.S. Securities and Exchange Commission. At midpoint, Liftoff Mobile would command a $5.5 billion fully diluted market value.

Simpson Thacher & Bartlett LLP advised the company, while Davis Polk & Wardwell LLP advised its underwriters.

Liftoff Mobile, which is backed by private equity giants such as Blackstone and General Atlantic, is an advertising and monetization software for mobile apps. Formed through a merger between Liftoff and Vungle, the company provides an artificial intelligence-powered platform that supports user acquisition and monetization services for app advertisers and publishers in industries such as social media, finance, entertainment, and gaming, according to the SEC filing.

The company plans on granting its underwriters a 30-day option to purchase up to an additional 3.18 million shares at the IPO price, and the offering is set to price during the week of Feb. 2.

Liftoff Mobile plans to list its shares on the Nasdaq under ticker symbol LFTO.

Liftoff Mobile joins a slew of other IPO prospects anticipated to make their public debuts during the week of Feb. 2.

Forgent Power Solutions, a manufacturer serving industrial and data center customers, on Jan. 26 unveiled plans to raise an estimated $1.5 billion in its IPO by offering 56 million shares for a proposed price range of between $25 and $29. The company, which is backed by investment firm Neos Partners, designs and makes electrical equipment used in data centers, the power grid, and other energy-intensive industrial facilities.

Forgent plans to list its shares on the New York Stock Exchange under ticker symbol FPS.

Also on Jan. 26, Bob's Discount Furniture released plans to raise around $350 million in its offering by selling 19.5 million shares at a proposed range of between $17 and $19. In its filing with the SEC, Bob's said investment funds connected to private equity shop Bain Capital would own 75% of the company after the IPO. Bob's plans to list on the New York Stock Exchange under ticker symbol BOBS.

Further, oncology firm Eikon Therapeutics on Wednesday told regulators that it plans to raise around $300 million in its offering by selling 17.6 million shares for a price range between $16 and $18. The company, which develops therapies for immuno-responsive cancers, plans to list on the Nasdaq under ticker symbol EIKN.

The Simpson Thacher team advising Liftoff Mobile in its IPO includes Joshua Ford Bonnie, Jonathan Ozner, and Katharine Thompson.

The Davis Polk team advising the underwriters includes Michael Kaplan and Yasin Keshvargar.