IPO News

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

Jersey Mike's IPO Primarily Benefits Existing Shareholders, Debt Reduction Minimal
IPO Michael Okonkwo

Jersey Mike's IPO Primarily Benefits Existing Shareholders, Debt Reduction Minimal

Jersey Mike's upcoming IPO sees 68.3% of shares sold by existing holders, with net proceeds of ~$301M reducing debt by only 14.3%. Blackstone retains voting control.

BX
SpaceX Shares Dip Below IPO Price on Lockup Release Fears
IPO Michael Okonkwo

SpaceX Shares Dip Below IPO Price on Lockup Release Fears

SpaceX shares dropped 1.3% below their $135 IPO price as investors brace for a lockup release that could boost the tradable float by 143%, amplifying short-squeeze risks.

Zhongji Innolight's $7B Hong Kong IPO Nears Regulatory Nod
IPO Michael Okonkwo

Zhongji Innolight's $7B Hong Kong IPO Nears Regulatory Nod

Zhongji Innolight is set to launch a $7 billion Hong Kong IPO, pending regulatory approval, which could dilute existing shareholders by up to 6.4%.

SpaceX Faces $1.24 Trillion Valuation Hurdle Ahead of Starship Test
IPO Michael Okonkwo

SpaceX Faces $1.24 Trillion Valuation Hurdle Ahead of Starship Test

SpaceX must add $1.24 trillion in value to reach Evercore's $230 target, making Thursday's Starship test a critical checkpoint. Shares closed at $136.08.

EVR RKLB ASTS
Attovia Therapeutics Files IPO to Challenge Dupixent and Nemluvio
IPO Michael Okonkwo

Attovia Therapeutics Files IPO to Challenge Dupixent and Nemluvio

Attovia Therapeutics has filed for an IPO to raise capital for developing rival treatments to Sanofi and Regeneron's Dupixent and Galderma's Nemluvio.

SNY REGN AZN
SK Hynix Surges 12.8% in Nasdaq Debut, Premium Over Seoul Shares Widens
IPO Michael Okonkwo

SK Hynix Surges 12.8% in Nasdaq Debut, Premium Over Seoul Shares Widens

SK Hynix closed its first Nasdaq session at $168.01, a 12.8% gain from the offer price, and now trades at a 15.5% premium over its Seoul-listed equivalent.

NVDA MU
Bending Spoons' Extreme Hiring Selectivity and Founder Control Define Post-IPO Landscape
IPO Michael Okonkwo

Bending Spoons' Extreme Hiring Selectivity and Founder Control Define Post-IPO Landscape

Bending Spoons hired just 286 of 800,000 applicants in 2025, while its founders control 82.71% of votes post-IPO. Shares have dropped 18.7% from the debut close.

SK Hynix's $30B Nasdaq Debut Highlights AI Chip Sector Divergence
IPO Michael Okonkwo

SK Hynix's $30B Nasdaq Debut Highlights AI Chip Sector Divergence

SK Hynix's $30B Nasdaq listing drew strong demand, but AI chip stocks diverged sharply, with designers outperforming memory makers.

NVDA AVGO AMD MU TSM AAPL ASML
SK Hynix's $26.5B Nasdaq Debut Sparks Surge in Leveraged ETF Filings
IPO Michael Okonkwo

SK Hynix's $26.5B Nasdaq Debut Sparks Surge in Leveraged ETF Filings

SK Hynix's $26.5B Nasdaq debut at $149 per ADR triggers filings for leveraged single-stock ETFs. Analysis of premiums, Eos Energy rights, and Patriot SPAC reveals hidden costs of market access.

EOSE MU
SK Hynix's $26.5B U.S. Debut Sparks Tech Rotation, Pressures Micron
IPO Michael Okonkwo

SK Hynix's $26.5B U.S. Debut Sparks Tech Rotation, Pressures Micron

Nasdaq futures dropped 0.35% as SK Hynix's $26.5B U.S. listing puts Micron's 21% premium in focus. Tech stocks face rotation amid rate hike bets and geopolitical risks.

MU CRCL DAL TSM
SK hynix $26.5B Nasdaq Debut Tests AI Memory Demand
IPO Michael Okonkwo

SK hynix $26.5B Nasdaq Debut Tests AI Memory Demand

SK hynix's $26.5 billion Nasdaq listing draws strong demand, but U.S. memory stocks slip premarket, signaling potential rotation within the AI sector.

MU WDC STX MS
SpaceX Stock Struggles Near IPO Price Despite Bullish Analyst Targets
IPO Michael Okonkwo

SpaceX Stock Struggles Near IPO Price Despite Bullish Analyst Targets

SpaceX stock remains near its Nasdaq opening price despite a flurry of bullish analyst reports. Shares trade at $148.89, with targets ranging from $200 to $900.