The IPO Buzz: Upsized Cerebras (CBRS Proposed) & Fervo (FRVO Proposed) Top $9.3B IPO Lineup
Upsize this. IPO bankers pushed out the memo early today. Two big IPOs – AI chipmaker Cerebras Systems (CBRS Proposed) and geothermal energy start-up Fervo Energy (FRVO Proposed) - dramatically increased the size of their deals in SEC filings early Monday – May 11, 2026 – to expand the estimated proceeds for this week’s IPO Calendar to $9.3 billion – up from $7.4 billion originall..
Read more May 11, 2026IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Fervo Energy Co. | FRVO | 70.0 | $ 1785.0 mil | 5/13/2026 Wednesday | S/O | S/O |
| GMR Solutions | GMRS | 31.9 | $ 750.0 mil | 5/13/2026 Wednesday | S/O | S/O |
| AIAI Holdings Corp. (Direct Listing) | AIAI | 69.5 | $ 1389.6 mil | 5/14/2026 Thursday | S/O | S/O |
Last 100 IPOs - May 11, 2026
| Number of IPOs priced : | 100 |
| Number Up: | 48 |
| Number Down: | 49 |
| Number Unchanged: | 3 |
| Percentage Change From Issue Price: | -7.05% |
| Percentage Change for The Nasdaq Composite | 35.22% |
2026 IPO Scorecard - May 11, 2026
| Number of IPOs priced (Excluding 83 units) : | 60 |
| Number Up: | 30 |
| Number Down: | 29 |
| Number Unchanged: | 1 |
| Total Return From Issue Price: | 2.11% |
| The Nasdaq Composite Index YTD % Change | 35.22% |