IPO News

Upcoming and recent IPOs, SPAC mergers, and direct listings. Track new stock market listings, IPO pricing, and first-day trading performance.

Anthropic's IPO Filing Reveals Shift to Separate AI Chip and Data Center Leasing
IPO Michael Okonkwo

Anthropic's IPO Filing Reveals Shift to Separate AI Chip and Data Center Leasing

Anthropic's IPO filing reveals a new procurement strategy separating AI chip leases from data center deals, aiming to align compute costs with revenue growth. The company plans to list on Nasdaq under 'ANT'.

AMZN
SK hynix Halts Solidigm IPO, US NAND Fab Funding Unclear
IPO Michael Okonkwo

SK hynix Halts Solidigm IPO, US NAND Fab Funding Unclear

SK hynix has scrapped a planned Solidigm IPO, leaving a funding gap for its U.S. NAND expansion. The group still sees the added capacity as necessary but has not disclosed fab details.

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Oura's $2.1B IPO: A Liquidity Event, Not a Growth Fundraiser
IPO Michael Okonkwo

Oura's $2.1B IPO: A Liquidity Event, Not a Growth Fundraiser

Oura's $2.1B IPO is a liquidity event for early investors, with only $6.2M for company use. Revenue grows 74%, but dilution and valuation risks loom.

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Once Upon a Farm Stock Dips 8% Below IPO; Garner Stake Valued at $50.6M
IPO Michael Okonkwo

Once Upon a Farm Stock Dips 8% Below IPO; Garner Stake Valued at $50.6M

OFRM closed 8% below IPO price. Jennifer Garner's stake valued at $50.6M. Q2 sales surged 42% but gross margin fell 4.8 points.

OFRM
Firmus IPO: Founders' Staged Exit Raises Questions Amid Missing Prospectus
IPO Michael Okonkwo

Firmus IPO: Founders' Staged Exit Raises Questions Amid Missing Prospectus

Firmus founders can sell a portion of their stakes one year after the IPO, but the absence of a prospectus leaves investors guessing about valuation and financials.

NVDA
Firmus IPO Roadshow Targets A$50B Valuation, Prospectus Awaited
IPO Michael Okonkwo

Firmus IPO Roadshow Targets A$50B Valuation, Prospectus Awaited

Firmus Technologies is sounding out investors for an IPO that could raise up to A$7 billion and value the AI-infrastructure firm above A$50 billion, but the prospectus with audited financials is still awaited.

NVDA
Kioxia Confirms US ADS Listing Plans; $10B Figure Unverified
IPO Michael Okonkwo

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.

EWJ
Anthropic Moves Forward with IPO, Reports Second Adjusted Profit Quarter
IPO Michael Okonkwo

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.

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Advasa's Direct Listing Raises No Cash, 94M Shares Registered for Resale
IPO Michael Okonkwo

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
IPO Michael Okonkwo

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.

AMZN
Z.AI's $5B Capital Raise Triggers Stock Slip, Dilution Fears
IPO Michael Okonkwo

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.

BZAI
SoftBank Tumbles 11% as OpenAI IPO Delay Strains AI Bets
IPO Michael Okonkwo

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.