IPO News

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

American Rare Earths Gains 12% on Nasdaq Listing Progress
IPO Michael Okonkwo

American Rare Earths Gains 12% on Nasdaq Listing Progress

American Rare Earths (AARD) rose 12.33% to A$0.410 after appointing BDO as auditor and Rimon as U.S. legal adviser for its planned Nasdaq secondary listing. The company remains focused on its Halleck Creek project in Wyoming.

AARD
Fervo Energy IPO Swells to $2.17B; Stock Faces First Full Week of Trading
IPO Michael Okonkwo

Fervo Energy IPO Swells to $2.17B; Stock Faces First Full Week of Trading

Fervo Energy completed a $2.17B IPO after underwriters exercised their option, selling 80.5M shares at $27 each. FRVO closed Friday at $41.06, up 52% from the IPO price, and now faces its first full trading week.

ORA
Blackstone Data Center REIT BXDC Closes First Week Above IPO Price
IPO Michael Okonkwo

Blackstone Data Center REIT BXDC Closes First Week Above IPO Price

BXDC ended its first week at $20.10, above the $20 IPO price, after opening below it. The Blackstone-backed REIT raised $1.75 billion for data centers but has no assets yet.

BX
SpaceX IPO Buzz Fuels Tema NASA ETF Weekly Rally
IPO Michael Okonkwo

SpaceX IPO Buzz Fuels Tema NASA ETF Weekly Rally

Tema NASA ETF rose 7.5% for the week despite a 3.9% Friday drop, as SpaceX IPO buzz and a potential Nasdaq listing drive investor interest.

RKLB
SpaceX Accelerates Nasdaq IPO to Mid-June, Targeting $1.75 Trillion Valuation
IPO Michael Okonkwo

SpaceX Accelerates Nasdaq IPO to Mid-June, Targeting $1.75 Trillion Valuation

SpaceX aims to list on Nasdaq by June 12 under ticker SPCX, seeking $75 billion at a $1.75 trillion valuation. The IPO includes supervoting shares and strict shareholder limits.

Cerebras Shares Dip as Investors Reassess Valuation After Stellar IPO
IPO Michael Okonkwo

Cerebras Shares Dip as Investors Reassess Valuation After Stellar IPO

Cerebras Systems shares slipped about 4% to $298 in early Friday trading, retreating from Thursday's close after a 68% Nasdaq debut, as investors weighed valuation and customer concentration.

NVDA AMD
Auddia Shares Soar 59% on SEC Filing for Merger with Thramann Holdings
IPO Michael Okonkwo

Auddia Shares Soar 59% on SEC Filing for Merger with Thramann Holdings

Auddia filed a Form S-4 for its merger with Thramann Holdings, aiming to create McCarthy Finney. AUUD shares jumped 59% premarket to $1.94.

AUUD
Sivers Semiconductors Restates Losses, Delays Q1 Report Amid Nasdaq Dual-Listing Plans
IPO Michael Okonkwo

Sivers Semiconductors Restates Losses, Delays Q1 Report Amid Nasdaq Dual-Listing Plans

Sivers Semiconductors restated its 2024 and 2025 accounts with wider losses and delayed its Q1 report to May 29 as it prepares for a potential Nasdaq New York dual listing.

Cerebras Shares Rally Further After Record 68% IPO Debut
IPO Michael Okonkwo

Cerebras Shares Rally Further After Record 68% IPO Debut

Cerebras Systems shares climbed 5.7% in early Friday trading after closing 68% above their IPO price in Thursday's Nasdaq debut, making it the largest U.S. IPO of 2026.

NVDA AMZN
Blackstone's $1.75B Data Center Trust Debuts Flat, Testing AI Infrastructure Demand
IPO Michael Okonkwo

Blackstone's $1.75B Data Center Trust Debuts Flat, Testing AI Infrastructure Demand

Blackstone Digital Infrastructure Trust (BXDC) debuted flat on NYSE at $20, raising $1.75B for AI data centers. The blind pool trust has no assets yet, betting on Blackstone's dealmaking.

BX
SoFi Acquires PrimaryBid Tech to Boost Retail IPO Access Amid Market Revival
IPO Michael Okonkwo

SoFi Acquires PrimaryBid Tech to Boost Retail IPO Access Amid Market Revival

SoFi Technologies acquires PrimaryBid's technology to deepen retail investor access to IPOs and capital raises, capitalizing on a resurgent US IPO market.

SOFI HOOD
Fervo Energy Shares Surge 35% in Nasdaq Debut Before Easing
IPO Michael Okonkwo

Fervo Energy Shares Surge 35% in Nasdaq Debut Before Easing

Fervo Energy shares rallied 35% in their Nasdaq debut before easing to $35.55 premarket. The company raised $1.89 billion in an upsized IPO.

GOOGL