IPO News

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

CXMT IPO Turmoil Rattles Global Memory Chip Markets
IPO Michael Okonkwo

CXMT IPO Turmoil Rattles Global Memory Chip Markets

CXMT's IPO caused sharp swings in memory chip stocks globally, with a constrained public float amplifying volatility. Major players like Micron and SK Hynix saw significant declines.

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Jersey Mike's IPO Priced at $21-$25, Majority Proceeds to Shareholders
IPO Michael Okonkwo

Jersey Mike's IPO Priced at $21-$25, Majority Proceeds to Shareholders

Jersey Mike's targets $21-$25 per share in its IPO, with existing shareholders selling 68.3% of the offering. The company plans to use net proceeds of $301 million for debt reduction.

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SpaceX Short Interest at 32% Ahead of August Lockup Expiry
IPO Michael Okonkwo

SpaceX Short Interest at 32% Ahead of August Lockup Expiry

SpaceX stock has 32% short interest ahead of August 6 lockup expiration, which may release 911.5 million shares, potentially cutting short ratio to 13%.

SpaceX Stock Under Pressure as $109 Billion Lock-Up Expiration Looms
IPO Michael Okonkwo

SpaceX Stock Under Pressure as $109 Billion Lock-Up Expiration Looms

SpaceX stock slides as a $109 billion lock-up period expiration approaches, with 911.5 million shares potentially hitting the market on August 6.

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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.

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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.

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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.

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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.

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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.

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