The IPO Buzz: Metals Royalty’s NASDAQ Direct Listing On Tap as War in Iran Starts 4th Week
The Metals Royalty Co. (TMCR Proposed) is the largest deal on the IPO Calendar as the war with Iran starts its fourth week. The Canadian royalty acquisition company is planning a NASDAQ Direct Listing of 55.1 million shares that may price today – Monday, March 23, 2026 – with proceeds estimated at $275.5 million. A reference price has not been set. Stifel is the financial adviser on The Me..
Read more March 23, 2026IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Guident | GDNT | 3.3 | $ 15.0 mil | 3/23/2026 Week of | S/O | S/O |
| Hartford Creative Group, Inc. (Uplisting) | HFUS | 1.5 | $ 6.0 mil | 3/23/2026 Week of | S/O | S/O |
| Metals Royalty Co. (The)(NASDAQ Direct Listing) | TMCR | 55.1 | $ 275.5 mil | 3/23/2026 Week of | S/O | S/O |
Last 100 IPOs - March 22, 2026
| Number of IPOs priced : | 100 |
| Number Up: | 41 |
| Number Down: | 54 |
| Number Unchanged: | 5 |
| Percentage Change From Issue Price: | -11.65% |
| Percentage Change for The Nasdaq Composite | 35.22% |
2026 IPO Scorecard - March 22, 2026
| Number of IPOs priced (Excluding 54 units) : | 39 |
| Number Up: | 16 |
| Number Down: | 20 |
| Number Unchanged: | 3 |
| Total Return From Issue Price: | 2.45% |
| The Nasdaq Composite Index YTD % Change | 35.22% |