IPO News

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

SK Hynix's Nasdaq Debut Raises $28 Billion Amid AI Chip Frenzy
IPO Michael Okonkwo

SK Hynix's Nasdaq Debut Raises $28 Billion Amid AI Chip Frenzy

SK Hynix's $28 billion Nasdaq ADR launch is oversubscribed 7x, driven by AI memory demand. The listing aims to narrow valuation gap with Micron.

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SK Hynix's $28B US IPO Sees Massive Oversubscription, AI Demand Surges
IPO Michael Okonkwo

SK Hynix's $28B US IPO Sees Massive Oversubscription, AI Demand Surges

SK Hynix's $28 billion US IPO saw over 7x demand, with the stock closely tied to AI supply chain. The ADRs begin trading on Nasdaq July 10.

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Quantinuum Surges 11.6%, Eyes on 2026 Revenue Target
IPO Michael Okonkwo

Quantinuum Surges 11.6%, Eyes on 2026 Revenue Target

Quantinuum shares surged 11.55% to $83.17, now trading 38.6% above its IPO price, as the market focuses on its 2026 revenue forecast and $76.8 million backlog.

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SpaceX's Nasdaq-100 Debut Faces $4.3B Inflow Amid Valuation Split
IPO Michael Okonkwo

SpaceX's Nasdaq-100 Debut Faces $4.3B Inflow Amid Valuation Split

SpaceX joins the Nasdaq-100 on Tuesday, with JPMorgan estimating $4.3B in passive inflows. Analysts are split on valuation, with targets from $190 to $300.

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Anthropic's $19B Lease with TeraWulf Signals AI Compute Costs Ahead of IPO
IPO Michael Okonkwo

Anthropic's $19B Lease with TeraWulf Signals AI Compute Costs Ahead of IPO

Anthropic signs a 20-year, $19 billion lease with TeraWulf for 401 MW of compute power, highlighting AI infrastructure costs ahead of its IPO.

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SK Hynix launches $28B Nasdaq ADR to fuel AI memory expansion
IPO Michael Okonkwo

SK Hynix launches $28B Nasdaq ADR to fuel AI memory expansion

SK Hynix (KRX:000660) kicked off a $28.1 billion Nasdaq ADR sale to fund 77% of its $55.9 trillion won AI memory capex, with shares starting Friday.

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SpaceX Stock Wobbles Amid Index Rebalance and Wide Valuation Gap
IPO Michael Okonkwo

SpaceX Stock Wobbles Amid Index Rebalance and Wide Valuation Gap

SpaceX shares settle at $162, up from IPO but below peak, with analyst targets spanning $63 to $310 and index-tracking demand driving short-term volatility.

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Apotex Health Shares Surge 4.75% on TSX, IPO Value Swells by C$620 Million
IPO Michael Okonkwo

Apotex Health Shares Surge 4.75% on TSX, IPO Value Swells by C$620 Million

Apotex Health Corp. (TSX:APTX) rose 4.75% on Friday, lifting its IPO block value by C$620 million. The gains follow the close of its $100 million Cumberland Pharmaceuticals acquisition and a Health Canada nod for its generic semaglutide.

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SL Science Rockets 35% in Nasdaq Debut, Valuation Hits 1,500x 2025 Sales
IPO Michael Okonkwo

SL Science Rockets 35% in Nasdaq Debut, Valuation Hits 1,500x 2025 Sales

SL Science (SLBT) soared 35% in its Nasdaq debut, closing at $5.99, but its $3.36B market cap versus $2.2M in revenue sparks valuation debate.

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IQM Quantum Computers ADS Debut Valued at $3.5B, Trading Paused for US Holiday
IPO Michael Okonkwo

IQM Quantum Computers ADS Debut Valued at $3.5B, Trading Paused for US Holiday

IQM Quantum Computers (IQMX) ADS closed at $13.36 on its Nasdaq debut, giving a $3.51 billion valuation, before the market closed for Independence Day. The stock trades at a high multiple of 97x 2025 revenue.

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Bending Spoons Debuts Strong on Nasdaq with AOL Profit Driving Valuation
IPO Michael Okonkwo

Bending Spoons Debuts Strong on Nasdaq with AOL Profit Driving Valuation

Bending Spoons S.p.A. closed at $40.50 on its Nasdaq debut, up 39.66% from the $29 IPO price, with AOL's historical operating income making up 66% of pro forma earnings.

Lime Parent Neutron Holdings Rises 4% in Nasdaq Debut
IPO Michael Okonkwo

Lime Parent Neutron Holdings Rises 4% in Nasdaq Debut

Neutron Holdings (Lime) closed its Nasdaq debut at $26.00, a 4% gain from its $25 IPO price, with a modest first-day performance.

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