IPO News
Upcoming and recent IPOs, SPAC mergers, and direct listings. Track new stock market listings, IPO pricing, and first-day trading performance.
Kioxia Confirms US ADS Listing Plans; $10B Figure Unverified
Kioxia confirms it's preparing a US ADS listing but hasn't endorsed Bloomberg's $10B figure or 2027 timeline. Shares fell 1.87% in Tokyo.
Anthropic Moves Forward with IPO, Reports Second Adjusted Profit Quarter
Anthropic is progressing with its IPO, reporting another quarter of adjusted operating profit. The company's Nasdaq listing is under review, with implications for Alphabet and Amazon.
Advasa's Direct Listing Raises No Cash, 94M Shares Registered for Resale
Advasa's 40% premarket bounce recovers little of its losses. The direct listing raised no cash, and 94 million shares are registered for resale, casting a shadow over the stock.
Anthropic IPO Buzz Targets $2T Valuation, Doubling May Figure
Anthropic's possible IPO may seek a $2 trillion valuation, more than double its May funding round. The company is expected to market the offering in mid-October, with a prospectus due in late September.
Z.AI's $5B Capital Raise Triggers Stock Slip, Dilution Fears
Z.AI's Hong Kong shares dropped 7.4% after a $5B raise that could expand share count 10.4%, as investors weigh dilution against growth plans.
SoftBank Tumbles 11% as OpenAI IPO Delay Strains AI Bets
SoftBank Group shares dropped 11.4% after OpenAI confirmed it won't list in 2026, raising questions about the $10 billion payment due in October and the valuation of its AI bet.
OpenAI Delays IPO to 2026 as AI Safety Concerns Mount
OpenAI will not go public in 2026, CEO Sam Altman confirmed, as he joined Anthropic's CEO in advocating for a more cautious approach to AI development.
Enflame Tech Soars 179% on Debut Despite Losses, Tencent Ties Loom
Enflame Technology (688801) closed its first day up 179% at CNY 397, valuing the AI chip designer at $25.5B despite losses. Tencent supplies 84% of revenue, posing concentration risk.
Cerebras Insiders Sell $29.6M, But Executives' Trades Were Preplanned
Cerebras insiders sold $29.6M in shares on Sept. 4, but CEO and CTO trades were preplanned. Stock fell 8.6% since, while director's sale lacks 10b5-1 plan.
Enflame's 179% Debut Surge Raises Float Concerns on STAR Market
Enflame Technology surged 179% on its STAR Market debut, but the tiny 4.16% float raises concerns about valuation sustainability and customer concentration.
D'Ieteren Stock Retreats as Belron Listing Hype Meets Reality
D'Ieteren shares surged on Belron IPO news, then reversed as investors weighed unknowns. The review focuses on minority stakes, not the parent's exit.
Anthropic Researcher Exit Raises IPO Valuation Questions for AMZN, GOOGL
Researcher Jacob Coxon quit Anthropic before his equity vested, raising governance questions ahead of a potential IPO. Amazon and Alphabet's exposure to Anthropic is in focus.