IPO News
Upcoming and recent IPOs, SPAC mergers, and direct listings. Track new stock market listings, IPO pricing, and first-day trading performance.
Fundrise VCX Fund Skyrockets 1300% Over Asset Value in Wild Trading
The Fundrise Innovation Fund (VCX) saw its shares surge more than 1300% above net asset value in a chaotic trading session, driven by intense demand for its portfolio of private tech giants like Anthropic and SpaceX.
Fundrise VCX Soars on NYSE, Defying Market Downturn as AI Craze Fuels Demand
Fundrise's VCX, a public venture capital fund, closed at $117.70, up 54.5% since its NYSE debut, trading at a steep premium to net asset value. The fund's heavy allocation to private AI companies drove demand despite broader market declines.
Swarmer Shares Plunge 30% Post-IPO, Highlighting Volatility Risks
Swarmer's stock tumbled over 30% in Friday's session, a sharp reversal after its Nasdaq debut. Despite the drop, shares trade significantly above the initial offering price set last week.
Fundrise Innovation Fund Soars 55% in NYSE Debut as Retail Flocks to Private AI
Fundrise Innovation Fund shares skyrocketed 54.5% to $117.70 in their second day of NYSE trading, valuing the fund at more than six times its March 2 net asset value. The closed-end fund provides retail access to private artificial intelligence companies.
Swarmer Soars Post-IPO as Battle-Tested Drone Software Captures Investor Interest
Swarmer shares skyrocketed 77% to $55, building on a 520% first-day pop from its $5 IPO price. The drone software firm, with over 100,000 combat missions in Ukraine, faces significant financial challenges and customer concentration risks.
Walmart's Flipkart Shifts Legal Base to India, Paving Path for Domestic IPO
Flipkart has relocated its holding company from Singapore to India, a key step ahead of a planned domestic initial public offering. The move allows Walmart to better capitalize on its $16 billion investment in the Indian market.
Robinhood Slashes IPO Size for New Private Markets Fund
Robinhood Markets has significantly reduced the size of its first private-markets fund IPO, pricing 12.6 million shares at $25 each. The move comes as the trading platform broadens its offerings to target wealthier clients.
Vale Clarifies No Base Metals IPO Plans After Regulator Inquiry
Vale stated it has not conducted studies or made a management decision regarding a share offering for its base metals unit, following regulatory inquiries. The clarification comes after CEO Shaun Usmar's remarks about aiming to be 'IPO-ready' by mid-year.
Walmart's PhonePe Aims for $10.5B IPO as Major Investors Plan Exits
PhonePe, Walmart's Indian payments subsidiary, is preparing for an initial public offering that could value the company between $9 billion and $10.5 billion. The offering will involve existing shareholders selling stakes worth up to $1.05 billion.
Vale Base Metals Accelerates IPO Timeline to Mid-2026
Vale Base Metals has moved up its target for potential IPO readiness to mid-2026, according to CEO Shaun Usmar. The unit is cutting costs and accelerating projects, though parent company Vale retains final listing authority.
Figure Tech Shares Stabilize After Surge, Lock-Up Expiry Nears
Figure Technology Solutions shares consolidated in premarket trading following a significant rally, as investors await the expiration of insider lock-up restrictions next week. The company recently reported Q4 results and authorized a substantial share repurchase program.
HKEX Eyes IPO Revival and Policy Signals as Key Catalysts
HKEX shares gained 0.87% to HK$419.00, with a revived IPO pipeline and upcoming policy meetings in Beijing setting the near-term agenda. The exchange reported record 2025 profits of HK$17.8 billion.