Category Archives: The IPO Buzz

Late summer is firefly season: Firefly Aerospace (FLY Proposed) unveiled the terms for its $599.4 million IPO in an SEC filing early today – Monday, July 28, 2025. Firefly Aerospace is offering 16.2 million shares at a price range of $35.00 to $39.00 to raise $599.4 million – at a market cap of $5.2 billion […]

Accelerant Holdings (ARX) shot up 35 percent in its NYSE debut today – opening at $28.44 – up over $7.00 from its $21.00 IPO price. The specialty P&C insurance company’s IPO generated a lot of demand – described as 10 to 20 times oversubscribed ahead of its pricing on Wednesday night, July 23, 2025. Accelerant’s […]

Linkhome Holdings Inc. (LHAI), an AI-driven PropTech (property technology) company in California, scored more than a moonshot – climbing to more than five times its IPO price in its NASDAQ debut today – Thursday, July 24, 2025. A moonshot occurs when a stock doubles its IPO price – or more – on its first day […]

Accelerant Holdings (ARX) – the profitable parent of a specialty P&C insurance company – priced its upsized IPO at $21.00 – $1.00 above the top of its range – after increasing the deal’s size to 34.46 million shares – to raise $723.68 million on Wednesday night, July 23, 2025. The deal’s terms consisted of a […]

McGraw Hill (MH) priced its IPO at $17.00 – $2.00 below range – and sold 24.39 million shares – the number of shares in the prospectus – to raise $414.63 million on Wednesday night, July 23, 2025. The terms in the prospectus for McGraw Hill’s IPO had set a price range of $19.00 to $22.00. McGraw […]

NIQ Global Intelligence (NIQ) priced its IPO at $21.00 – $1.00 below the mid-point of its range – and sold 50.0 million shares – the  number of shares in the prospectus – to raise $1.05 billion on Tuesday night, July 22, 2025. Shares of NIQ Global Intelligence (NIQ) opened at $20.25 – down 75 cents from […]

Middle of the road: Carlsmed (CARL) priced its small IPO at $15.00 – the mid-point of its $14.00-to-$16.00 price range – and sold 6.7 million shares – the number of shares in the prospectus – to raise $100.5 million on Tuesday night, July 22, 2025. Carlsmed’s stock opened flat – at $15.00 – at 12:04 […]

Figma (FIG Proposed), a design software company based in San Francisco, disclosed the terms for its highly anticipated IPO early today – about 36.94 million shares at a price range of $25.00 to $28.00 to raise $978.83 million, if the IPO is priced at the $26.50 mid-point of its range. This is a New York […]

Hong Kong-based Majestic Ideal Holdings (MJID), a provider of supply chain management (SCM) services to yarn, textile and knitwear manufacturing companies, priced its small IPO at $6.00 – the low end of its $6.00-to-$7.00 price range – and sold 2.5 million shares – the number in the prospectus – to raise $15 million on Thursday night, July […]

Pyrophyte Acquisition Corp. II (PAII.U), an energy-focused SPAC based in Houston, priced its IPO in line with the terms in the prospectus – 17.5 million units at $10.00 each – and raised $175.0 million on Wednesday night, July 16, 2025. Pyrophyte Acquisition Corp. II (PAII.U) is expected to start trading TODAY – Thursday, July 17, 2025 […]