2025 IPOs
Every company that listed on a US exchange in 2025 through an IPO or as a SPAC, from the final prospectus filed with the SEC (Form 424B4).
IPOs
200
plus 128 SPACs
Money raised
$52.42B
IPOs and SPACs, at the offer price
Median first day
+4.2%
First close vs offer price
Above offer today
31%
Median since IPO −42.9%
IPOs (200)
Operating companies, newest first.
| Company | Date | Exchange | Offer price | Shares | Raised | First day | Price | Since IPO |
|---|---|---|---|---|---|---|---|---|
| Dec 17, 2025 | NYSE | $16.00 | 11,000,000 | $176.00M | +46.9% | $65.84 | +311.5% | |
| Dec 17, 2025 | Nasdaq | $29.00 | 216,034,482 | $6.26B | +41.4% | $42.16 | +45.4% | |
| Dec 12, 2025 | Nasdaq | $14.00 | 34,615,384 | $484.62M | – | $10.90 | −22.1% | |
| Dec 11, 2025 | Nasdaq | – | 25,000,000 | – | – | $15.95 | – | |
| Dec 10, 2025 | Nasdaq | $21.00 | 11,500,000 | $241.50M | – | $14.99 | −28.6% | |
| Dec 4, 2025 | NYSE American | $4.00 | – | – | +12.7% | $1.40 | −65.0% | |
| Dec 3, 2025 | Nasdaq | $13.00 | 1,535,000 | $19.96M | −21.2% | $22.07 | +69.8% | |
| Nov 21, 2025 | Nasdaq | $21.00 | 17,778,000 | $373.34M | – | $38.42 | +83.0% | |
| Nov 18, 2025 | Nasdaq | $8.00 | 9,100,000 | $72.80M | 0.0% | $3.10 | −61.3% | |
| Nov 14, 2025 | Nasdaq | – | – | – | – | $2.32 | – | |
| Nov 13, 2025 | NYSE | $4.00 | 3,750,000 | $15.00M | −5.0% | $1.25 | −68.9% | |
| Nov 13, 2025 | NYSE | $4.00 | – | – | −3.8% | $0.06 | −98.5% | |
| Nov 6, 2025 | Nasdaq | $60.00 | 4,551,100 | $273.07M | – | $110.23 | +83.7% | |
| Nov 6, 2025 | NYSE | $16.00 | 9,375,000 | $150.00M | +26.4% | $8.62 | −46.1% | |
| Nov 5, 2025 | NYSE | $21.00 | 8,000,000 | $168.00M | +0.0% | $16.12 | −23.2% | |
| Nov 5, 2025 | Nasdaq | – | 17,883,693 | – | – | $0.0044 | – | |
| betaBETA Technologies | Nov 4, 2025 | NYSE | $34.00 | 29,852,941 | $1.01B | +5.9% | $27.72 | −18.5% |
| Oct 31, 2025 | Nasdaq | – | 13,268,718 | – | – | $1.07 | – | |
| Oct 30, 2025 | Nasdaq | $25.00 | 30,000,000 | $750.00M | −20.0% | $26.40 | +5.6% | |
| lafaLaFayette Acquisition | Oct 24, 2025 | – | $10.00 | 10,000,000 | $100.00M | +0.1% | $10.21 | +2.1% |
| agccAgencia Comercial Spirits | Oct 22, 2025 | Nasdaq | $4.00 | – | – | +51.2% | $14.05 | +251.3% |
| nptTexxon | Oct 22, 2025 | Nasdaq | $5.00 | – | – | – | $1.75 | −65.0% |
| Oct 21, 2025 | Nasdaq | $4.00 | – | – | +16.3% | $1.22 | −69.6% | |
| Oct 21, 2025 | Nasdaq | $6.00 | – | – | −17.3% | $1.85 | −69.2% | |
| Oct 21, 2025 | Nasdaq | – | 75,000,000 | – | – | $29.35 | – | |
| Oct 17, 2025 | Nasdaq | – | – | – | – | $2.38 | – | |
| Oct 16, 2025 | Nasdaq | – | 2,757,168 | – | – | $2.20 | – | |
| Oct 15, 2025 | Nasdaq | $5.00 | – | – | +5.6% | $0.1974 | −96.1% | |
| Oct 14, 2025 | Nasdaq | – | 31,741,948 | – | – | $1.56 | – | |
| Oct 14, 2025 | Nasdaq | $4.00 | – | – | +24.5% | $0.0008 | −100.0% | |
| Oct 9, 2025 | NYSE | $22.00 | 37,560,974 | $826.34M | +12.8% | $24.20 | +10.0% | |
| Oct 9, 2025 | Nasdaq | $4.00 | 1,250,000 | $5.00M | −22.3% | $1.85 | −53.8% | |
| yddlOne & one Green Technologies. | Oct 9, 2025 | Nasdaq | $5.00 | – | – | +8.4% | $1.01 | −79.8% |
| Oct 9, 2025 | NYSE | $32.00 | 4,250,000 | $136.00M | +19.2% | $19.13 | −40.2% | |
| pomPomdoctor | Oct 8, 2025 | Nasdaq | – | 5,000,004 | – | – | $0.0922 | – |
| Oct 8, 2025 | Nasdaq | $11.65 | 17,868,760 | $208.17M | – | $10.57 | −9.3% | |
| Oct 3, 2025 | Nasdaq | – | – | – | – | $0.079 | – | |
| Oct 2, 2025 | – | – | 18,460,000 | – | – | $0.3756 | – | |
| Oct 2, 2025 | Nasdaq | $24.00 | 7,173,092 | $172.15M | 0.0% | $32.94 | +37.2% | |
| Oct 1, 2025 | Nasdaq | $21.00 | 32,500,000 | $682.50M | +54.9% | $1.81 | −91.4% | |
| Oct 1, 2025 | NYSE | $20.00 | 18,421,053 | $368.42M | – | $28.48 | +42.4% | |
| Sep 30, 2025 | Nasdaq | – | 17,249,987 | – | – | $0.0002 | – | |
| Sep 30, 2025 | – | – | – | – | – | $25.30 | – | |
| Sep 29, 2025 | NYSE American | – | – | – | – | $0.07 | – | |
| Sep 26, 2025 | Nasdaq | – | – | – | – | $0.0021 | – | |
| Sep 19, 2025 | Nasdaq | $14.00 | 21,428,572 | $300.00M | – | $20.36 | +45.4% | |
| Sep 18, 2025 | Nasdaq | $19.00 | 47,800,000 | $908.20M | +18.4% | $22.37 | +17.7% | |
| Sep 17, 2025 | NYSE | $23.50 | 34,042,553 | $800.00M | −6.4% | $5.58 | −76.3% | |
| Sep 17, 2025 | NYSE | $20.00 | 31,700,000 | $634.00M | +14.1% | $27.98 | +39.9% | |
| Sep 16, 2025 | NYSE American | $4.00 | – | – | +215.3% | $3.57 | −10.8% | |
| Sep 15, 2025 | Nasdaq | $28.00 | 26,000,000 | $728.00M | – | $37.09 | +32.5% | |
| Sep 15, 2025 | NYSE | $46.00 | 10,714,285 | $492.86M | – | $42.81 | −6.9% | |
| Sep 12, 2025 | Nasdaq | $20.00 | 14,705,882 | $294.12M | +37.7% | $8.76 | −56.2% | |
| Sep 12, 2025 | Nasdaq | $28.00 | 15,178,572 | $425.00M | +14.3% | $2.72 | −90.3% | |
| Sep 12, 2025 | Nasdaq | – | – | – | – | $1.78 | – | |
| Sep 11, 2025 | Nasdaq | $25.00 | 31,500,000 | $787.50M | – | $24.19 | −3.2% | |
| Sep 11, 2025 | Nasdaq | $15.00 | 19,000,000 | $285.00M | +15.3% | $44.71 | +198.1% | |
| Sep 10, 2025 | NYSE | $40.00 | – | – | +14.5% | $13.47 | −66.3% | |
| Sep 9, 2025 | Nasdaq | – | – | – | – | $0.4701 | – | |
| Sep 4, 2025 | Nasdaq | $4.00 | – | – | +6.3% | $0.0016 | −100.0% | |
| Sep 2, 2025 | NYSE | $4.00 | 4,250,000 | $17.00M | +28.5% | $0.1608 | −96.0% | |
| Aug 28, 2025 | Nasdaq | $4.00 | – | – | −26.0% | $0.8871 | −77.8% | |
| Aug 28, 2025 | Nasdaq | $4.00 | – | – | −15.5% | $0.3983 | −90.0% | |
| Aug 27, 2025 | Nasdaq | $4.00 | – | – | – | $0.125 | −96.9% | |
| Aug 26, 2025 | Nasdaq | $4.00 | 3,750,000 | $15.00M | +0.5% | $0.283 | −92.9% | |
| Aug 21, 2025 | Nasdaq | $4.00 | 3,800,000 | $15.20M | −12.5% | $1.44 | −64.0% | |
| Aug 19, 2025 | Nasdaq | – | 5,010,000 | – | – | $0.0013 | – | |
| Aug 14, 2025 | Nasdaq | – | – | – | – | $4.39 | – | |
| Aug 14, 2025 | NYSE | $23.00 | 15,000,000 | $345.00M | +33.7% | $36.86 | +60.3% | |
| Aug 14, 2025 | Nasdaq | $4.00 | – | – | −27.5% | $2.57 | −35.8% | |
| Aug 13, 2025 | NYSE | $37.00 | – | – | – | $23.53 | −36.4% | |
| Aug 13, 2025 | NYSE American | $8.00 | – | – | +3.1% | $2.91 | −63.6% | |
| Aug 12, 2025 | Nasdaq | – | – | – | – | $6.76 | – | |
| Aug 11, 2025 | Nasdaq | $4.00 | – | – | – | $1.47 | −63.3% | |
| Aug 8, 2025 | Nasdaq | $23.00 | 2,610,000 | $60.03M | – | $34.68 | +50.8% | |
| Aug 8, 2025 | Nasdaq | $4.00 | – | – | +22.0% | $15.02 | +275.5% | |
| Aug 8, 2025 | Nasdaq | $45.00 | 19,296,000 | $868.32M | – | $26.61 | −40.9% | |
| Aug 8, 2025 | Nasdaq | $19.00 | 16,666,667 | $316.67M | +51.3% | $59.10 | +211.1% | |
| ctwCTW | Aug 7, 2025 | Nasdaq | – | – | – | – | $1.61 | – |
| Aug 7, 2025 | Nasdaq | $17.00 | – | – | −4.6% | $10.43 | −38.6% | |
| Aug 1, 2025 | NYSE | $15.00 | 5,000,000 | $75.00M | – | $21.92 | +46.1% | |
| Jul 31, 2025 | NYSE | $33.00 | 12,472,657 | $411.60M | – | $18.97 | −42.5% | |
| Jul 30, 2025 | NYSE | $24.00 | 4,000,000 | $96.00M | +60.5% | $50.33 | +109.7% | |
| Jul 25, 2025 | NYSE | $21.00 | – | – | – | $19.87 | −5.4% | |
| Jul 24, 2025 | Nasdaq | $4.00 | – | – | +40.8% | $0.8405 | −79.0% | |
| Jul 24, 2025 | NYSE | $17.00 | 24,390,000 | $414.63M | 0.0% | $10.95 | −35.6% | |
| Jul 24, 2025 | NYSE | $21.00 | 50,000,000 | $1.05B | – | $21.06 | +0.3% | |
| Jul 23, 2025 | Nasdaq | $15.00 | 6,700,000 | $100.50M | −3.3% | $18.60 | +24.0% | |
| Jul 23, 2025 | Nasdaq | – | – | – | – | $0.2167 | – | |
| Jul 23, 2025 | Nasdaq | – | 10,000,000,000 | – | – | $0.0124 | – | |
| Jul 17, 2025 | Nasdaq | $4.00 | 3,750,000 | $15.00M | −12.0% | $3.75 | −6.3% | |
| kmrkK-Tech Solutions | Jul 16, 2025 | Nasdaq | – | – | – | – | $1.41 | – |
| mgrtMega Fortune | Jul 16, 2025 | Nasdaq | $4.00 | – | – | −4.7% | $117.10 | +2827.5% |
| Jul 11, 2025 | Nasdaq | $4.00 | – | – | 0.0% | $3.08 | −23.0% | |
| Jul 9, 2025 | Nasdaq | $4.00 | – | – | +23.8% | $0.292 | −92.7% | |
| msgyMasonglory | Jul 8, 2025 | Nasdaq | – | – | – | – | Delisted | – |
| Jul 8, 2025 | Nasdaq | – | – | – | – | $1.17 | – | |
| Jul 8, 2025 | Nasdaq | $4.00 | 92,160 | $368.64K | −6.8% | $0.585 | −85.4% | |
| mamkMaxsMaking | Jul 7, 2025 | Nasdaq | $4.00 | – | – | −7.8% | Delisted | – |
| Jul 3, 2025 | Nasdaq | $5.00 | 5,500,000 | $27.50M | – | $6.27 | +25.4% | |
| Jul 3, 2025 | – | – | – | – | – | – | – | |
| Jul 2, 2025 | NYSE | $21.50 | 2,035,000 | $43.75M | – | $28.76 | +33.8% | |
| Jul 1, 2025 | Nasdaq | $5.00 | – | – | – | $1.11 | −77.8% | |
| inacIndigo Acquisition | Jul 1, 2025 | – | $10.00 | 10,000,000 | $100.00M | +0.1% | $10.44 | +4.4% |
| Jun 27, 2025 | Nasdaq | $15.00 | 10,000,000 | $150.00M | – | $19.94 | +32.9% | |
| Jun 26, 2025 | Nasdaq | – | – | – | – | $5.38 | – | |
| Jun 25, 2025 | Nasdaq | – | – | – | – | $0.0468 | – | |
| hchlHappy City | Jun 24, 2025 | Nasdaq | – | – | – | – | $3.96 | – |
| Jun 18, 2025 | Nasdaq | $21.00 | 23,529,412 | $494.12M | +33.3% | $24.49 | +16.6% | |
| Jun 18, 2025 | NYSE American | – | – | – | – | $5.90 | – | |
| Jun 18, 2025 | Nasdaq | $17.00 | 24,000,000 | $408.00M | +19.1% | $26.04 | +53.2% | |
| mensJyong Biotech | Jun 17, 2025 | Nasdaq | $7.50 | – | – | +34.8% | $1.74 | −76.8% |
| Jun 16, 2025 | Nasdaq | $10.00 | 6,000,000 | $60.00M | – | $5.46 | −45.4% | |
| Jun 12, 2025 | Nasdaq | $27.00 | 32,000,000 | $864.00M | +37.4% | $33.08 | +22.5% | |
| asicAtegrity Specialty Insurance | Jun 11, 2025 | NYSE | $17.00 | 6,666,667 | $113.33M | – | $24.35 | +43.2% |
| Jun 11, 2025 | NYSE American | $4.00 | – | – | 0.0% | $0.4707 | −88.2% | |
| Jun 11, 2025 | NYSE | $31.00 | 12,348,387 | $382.80M | +82.2% | $29.58 | −4.6% | |
| Jun 9, 2025 | Nasdaq | – | – | – | – | $0.0096 | – | |
| Jun 6, 2025 | Nasdaq | $19.00 | 7,900,000 | $150.10M | +21.1% | $15.24 | −19.8% | |
| Jun 5, 2025 | NYSE | $31.00 | 34,000,000 | $1.05B | +168.5% | $67.12 | +116.5% | |
| May 23, 2025 | Nasdaq | $4.00 | – | – | −18.0% | $0.0234 | −99.4% | |
| May 22, 2025 | NYSE | $32.00 | 13,666,000 | $437.31M | +17.4% | $121.72 | +280.4% | |
| May 22, 2025 | NYSE | $16.00 | 11,700,000 | $187.20M | – | $4.98 | −68.9% | |
| May 21, 2025 | Nasdaq | $4.00 | – | – | +17.0% | $0.217 | −94.6% | |
| May 15, 2025 | Nasdaq | – | 29,978,212 | – | – | $0.059 | – | |
| May 13, 2025 | Nasdaq | $12.80 | – | – | 0.0% | $2.16 | −83.1% | |
| May 13, 2025 | Nasdaq | $9.00 | – | – | −16.6% | $3.92 | −56.4% | |
| May 13, 2025 | Nasdaq | $52.00 | – | – | 0.0% | $22.99 | −55.8% | |
| May 9, 2025 | NYSE American | $4.00 | 3,375,000 | $13.50M | −45.0% | $0.236 | −94.1% | |
| May 8, 2025 | NYSE | $16.00 | 6,875,000 | $110.00M | +5.6% | $29.41 | +83.8% | |
| Apr 30, 2025 | Nasdaq | – | 2,000,000 | – | – | $10.83 | – | |
| Apr 25, 2025 | Nasdaq | $4.00 | – | – | −8.8% | $16.06 | +301.5% | |
| Apr 22, 2025 | Nasdaq | $4.00 | – | – | +5.2% | $0.266 | −93.3% | |
| Apr 21, 2025 | Nasdaq | – | – | – | – | $2.66 | – | |
| Apr 21, 2025 | NYSE American | $3.25 | – | – | +11.7% | $0.4316 | −86.7% | |
| Apr 17, 2025 | Nasdaq | – | 14,683,991 | – | – | $12.33 | – | |
| edhlEverbright Digital | Apr 17, 2025 | Nasdaq | – | – | – | – | $0.3994 | – |
| Apr 11, 2025 | Nasdaq | $4.30 | 1,800,000 | $7.74M | – | $2.62 | −39.1% | |
| Apr 10, 2025 | Nasdaq | – | – | – | – | $0.215 | – | |
| Apr 10, 2025 | Nasdaq | $4.00 | 2,000,000 | $8.00M | – | $3.62 | −9.5% | |
| Apr 10, 2025 | Nasdaq | $4.00 | – | – | −11.3% | $0.18 | −95.5% | |
| Apr 8, 2025 | Nasdaq | $5.75 | 695,656 | $4.00M | +126.1% | $4.86 | −15.5% | |
| Apr 4, 2025 | Nasdaq | $4.00 | – | – | −11.5% | $2.27 | −43.3% | |
| lhswLianhe Sowell International | Apr 3, 2025 | Nasdaq | $4.00 | – | – | +7.3% | $0.2263 | −94.3% |
| Apr 2, 2025 | Nasdaq | – | – | – | – | $2.35 | – | |
| Apr 2, 2025 | NYSE | $30.00 | 27,000,000 | $810.00M | +9.2% | $38.91 | +29.7% | |
| Apr 1, 2025 | Nasdaq | $4.50 | – | – | +10.0% | $0.6869 | −84.7% | |
| wxmWF International | Apr 1, 2025 | Nasdaq | $4.00 | – | – | +7.3% | $0.246 | −93.8% |
| Apr 1, 2025 | Nasdaq | – | – | – | – | $2.11 | – | |
| Mar 31, 2025 | Nasdaq | $40.00 | 37,500,000 | $1.50B | – | $60.77 | +51.9% | |
| Mar 28, 2025 | Nasdaq | $7.00 | – | – | −2.1% | $0.0012 | −100.0% | |
| Mar 27, 2025 | Nasdaq | $4.00 | – | – | −6.3% | $0.224 | −94.4% | |
| Mar 26, 2025 | Nasdaq | – | – | – | – | $0.6899 | – | |
| Mar 26, 2025 | Nasdaq | – | 2,101,313 | – | – | $4.52 | – | |
| Mar 25, 2025 | NYSE American | $5.00 | – | – | −26.0% | $0.6071 | −87.9% | |
| Mar 21, 2025 | Nasdaq | – | – | – | – | $0.0049 | – | |
| Mar 21, 2025 | Nasdaq | $4.50 | – | – | 0.0% | $0.034 | −99.2% | |
| Mar 13, 2025 | Nasdaq | $4.00 | 2,000,000 | $8.00M | +7.5% | $1.46 | −63.5% | |
| mcrpMicropolis AI Robotics | Mar 7, 2025 | NYSE American | $4.00 | – | – | −11.3% | $0.3835 | −90.4% |
| Mar 7, 2025 | Nasdaq | $4.00 | – | – | −10.0% | $1.01 | −74.8% | |
| Mar 6, 2025 | Nasdaq | – | 1,640,000 | – | – | $0.116 | – | |
| hodoHouse of Doge | Mar 6, 2025 | Nasdaq | $4.00 | 1,475,000 | $5.90M | +7.5% | $0.0091 | −99.8% |
| Mar 6, 2025 | Nasdaq | $17.00 | 11,882,352 | $202.00M | +28.5% | $31.63 | +86.1% | |
| pnPN Smart Energy | Mar 4, 2025 | Nasdaq | $4.00 | – | – | +0.8% | $0.117 | −97.1% |
| Feb 27, 2025 | Nasdaq | – | – | – | – | $0.0436 | – | |
| Feb 27, 2025 | NYSE American | – | 2,500,000 | – | – | $3.86 | – | |
| wetoWetour Robotics | Feb 27, 2025 | Nasdaq | $4.00 | 15,000,000 | $60.00M | −10.0% | $0.0065 | −99.8% |
| Feb 26, 2025 | Nasdaq | $4.00 | – | – | – | $1.88 | −53.0% | |
| Feb 25, 2025 | Nasdaq | – | – | – | – | $0.057 | – | |
| Feb 21, 2025 | Nasdaq | $4.50 | 888,889 | $4.00M | −15.3% | $0.0191 | −99.6% | |
| Feb 19, 2025 | Nasdaq | – | – | – | – | $4.05 | – | |
| Feb 14, 2025 | NYSE | $14.50 | 10,420,000 | $151.09M | 0.0% | $15.77 | +8.8% | |
| Feb 14, 2025 | Nasdaq | – | 60,000,000 | – | – | $20.79 | – | |
| Feb 13, 2025 | Nasdaq | $16.00 | 5,888,000 | $94.21M | – | $1.59 | −90.1% | |
| Feb 13, 2025 | NYSE | $22.00 | 23,000,000 | $506.00M | +36.6% | $44.69 | +103.1% | |
| Feb 13, 2025 | Nasdaq | $6.00 | 1,667,000 | $10.00M | +13.3% | $0.0573 | −99.0% | |
| Feb 7, 2025 | Nasdaq | $18.00 | 10,588,233 | $190.59M | +38.9% | $3.70 | −79.4% | |
| Feb 6, 2025 | Nasdaq | $4.10 | – | – | +0.2% | $0.00 | −100.0% | |
| Feb 5, 2025 | Nasdaq | $4.00 | 1,280,000 | $5.12M | +2.5% | $0.3091 | −92.3% | |
| Feb 5, 2025 | Nasdaq | – | 200,000,000 | – | – | $0.108 | – | |
| plutPlutus Financial | Feb 5, 2025 | Nasdaq | $4.00 | – | – | 0.0% | $1.11 | −72.2% |
| Feb 3, 2025 | NYSE | $20.00 | 13,250,000 | $265.00M | – | $13.44 | −32.8% | |
| Jan 31, 2025 | Nasdaq | $16.00 | 8,750,000 | $140.00M | −0.3% | $36.73 | +129.6% | |
| Jan 30, 2025 | Nasdaq | $17.00 | 12,000,000 | $204.00M | +39.0% | $17.81 | +4.8% | |
| Jan 30, 2025 | Nasdaq | – | 1,701,338 | – | – | $0.0523 | – | |
| Jan 24, 2025 | Nasdaq | $17.25 | 7,325,000 | $126.36M | +0.8% | $15.00 | −13.0% | |
| Jan 24, 2025 | NYSE | $25.00 | 70,000,000 | $1.75B | – | $12.66 | −49.4% | |
| kazrSkyline Builders | Jan 23, 2025 | Nasdaq | – | – | – | – | $1.16 | – |
| Jan 22, 2025 | Nasdaq | $4.00 | – | – | +1.5% | $0.0326 | −99.2% | |
| tjgcTJGC | Jan 22, 2025 | Nasdaq | – | – | – | – | $10.63 | – |
| Jan 22, 2025 | NYSE American | $4.00 | 2,500,000 | $10.00M | −6.3% | $0.108 | −97.3% | |
| Jan 17, 2025 | Nasdaq | $1.35 | – | – | – | $0.0215 | −98.4% | |
| Jan 16, 2025 | NYSE | $24.00 | 17,800,000 | $427.20M | +23.8% | $20.89 | −13.0% | |
| Jan 16, 2025 | Nasdaq | $4.00 | 1,750,000 | $7.00M | −29.0% | $0.2123 | −94.7% | |
| Jan 15, 2025 | Nasdaq | – | – | – | – | $1.63 | – | |
| Jan 14, 2025 | Nasdaq | $4.00 | – | – | 0.0% | $2.93 | −26.7% | |
| Jan 10, 2025 | Nasdaq | – | – | – | – | $0.1015 | – | |
| mask3 E Network Technology | Jan 8, 2025 | Nasdaq | – | – | – | – | $0.0764 | – |
| zybtZhengye Biotechnology | Jan 7, 2025 | Nasdaq | $4.00 | – | – | +21.5% | $1.52 | −62.0% |
| inlfInlif | Jan 2, 2025 | Nasdaq | – | – | – | – | $0.0002 | – |
SPACs (128)
Blank-check companies, which raise money first and look for a business to buy later.
| Company | Date | Exchange | Offer price | Shares | Raised | First day | Price | Since IPO |
|---|---|---|---|---|---|---|---|---|
| Dec 23, 2025 | – | – | 20,000,000 | – | – | $10.18 | – | |
| scpqSocial Commerce Partners | Dec 23, 2025 | – | $10.00 | 10,000,000 | $100.00M | 0.0% | $10.07 | +0.7% |
| adacAmerican Drive Acquisition | Dec 19, 2025 | – | $10.00 | 20,000,000 | $200.00M | – | $10.09 | +0.9% |
| bebeTGE Value Creative Solutions | Dec 19, 2025 | NYSE | $10.00 | 15,000,000 | $150.00M | – | $10.08 | +0.8% |
| lpcvLaunchpad Cadenza Acquisition Corp I | Dec 18, 2025 | Nasdaq | $10.00 | 20,000,000 | $200.00M | 0.0% | $10.09 | +0.9% |
| vhcpVine Hill Capital Investment Corp. II | Dec 18, 2025 | Nasdaq | $10.00 | 20,000,000 | $200.00M | +0.4% | $10.12 | +1.2% |
| ccxiAgility Robotics | Dec 17, 2025 | – | $10.00 | 36,000,000 | $360.00M | – | $10.69 | +6.9% |
| Dec 17, 2025 | Nasdaq | – | 20,000,000 | – | – | $10.08 | – | |
| cranCrane Harbor Acquisition Corp. II | Dec 16, 2025 | – | $10.00 | – | – | – | $10.13 | +1.3% |
| ithaITHAX Acquisition Corp III | Dec 12, 2025 | Nasdaq | $10.00 | 20,000,000 | $200.00M | −0.3% | $10.09 | +0.9% |
| twlvTwelve Seas Investment Co III | Dec 12, 2025 | – | $10.00 | 15,000,000 | $150.00M | – | $10.10 | +1.0% |
| blrkBluerock Acquisition | Dec 11, 2025 | Nasdaq | $10.00 | 15,000,000 | $150.00M | 0.0% | $10.15 | +1.4% |
| kbonKarbon Capital Partners | Dec 11, 2025 | Nasdaq | $10.00 | 30,000,000 | $300.00M | +0.5% | $10.15 | +1.5% |
| dsacDaedalus Special Acquisition | Dec 10, 2025 | – | $10.00 | 22,500,000 | $225.00M | – | $10.14 | +1.4% |
| meshMeshflow Acquisition | Dec 10, 2025 | Nasdaq | $10.00 | 30,000,000 | $300.00M | +0.1% | $10.14 | +1.4% |
| Dec 5, 2025 | – | $10.00 | 12,500,000 | $125.00M | – | $10.10 | +1.0% | |
| aeaqActivate Energy Acquisition | Dec 4, 2025 | – | $10.00 | 20,000,000 | $200.00M | 0.0% | $10.12 | +1.2% |
| nwaxNew America Acquisition I | Dec 4, 2025 | – | $10.00 | 30,000,000 | $300.00M | +3.5% | $10.05 | +0.5% |
| sacSafeguard Acquisition | Dec 4, 2025 | – | $10.00 | 20,000,000 | $200.00M | +0.6% | $10.13 | +1.3% |
| gpacGeneral Purpose Acquisition | Dec 3, 2025 | – | $10.00 | 20,000,000 | $200.00M | – | $10.12 | +1.2% |
| sbxeSilverBox Corp V | Dec 3, 2025 | NYSE | $10.00 | 24,000,000 | $240.00M | +0.4% | $10.13 | +1.3% |
| bixiBitcoin Infrastructure Acquisition | Dec 2, 2025 | – | – | 20,000,000 | – | – | $10.13 | – |
| sciiSC II Acquisition | Nov 26, 2025 | Nasdaq | $10.00 | 15,000,000 | $150.00M | – | $10.24 | +2.3% |
| igacInvest Green Acquisition | Nov 25, 2025 | – | $10.00 | 15,000,000 | $150.00M | – | $10.13 | +1.3% |
| hcacHall Chadwick Acquisition | Nov 21, 2025 | – | $10.00 | 18,000,000 | $180.00M | – | $10.18 | +1.8% |
| alubAlussa Energy Acquisition Corp. II | Nov 13, 2025 | – | $10.00 | 25,000,000 | $250.00M | +0.4% | $10.17 | +1.7% |
| bpacBlueport Acquisition | Nov 12, 2025 | – | – | 5,000,000 | – | – | $10.23 | – |
| evoxEvolution Global Acquisition | Nov 11, 2025 | Nasdaq | $10.00 | 3,000,000 | $30.00M | +1.3% | $10.14 | +1.4% |
| tdwdTailwind 2.0 Acquisition | Nov 7, 2025 | – | $10.00 | 15,000,000 | $150.00M | +0.4% | $10.14 | +1.4% |
| cracCrown Reserve Acquisition Corp. I | Nov 6, 2025 | Nasdaq | $10.00 | 15,000,000 | $150.00M | – | $10.29 | +2.9% |
| wstnWestin Acquisition | Nov 5, 2025 | – | – | 5,000,000 | – | – | $10.23 | – |
| cepvCantor Equity Partners V | Nov 4, 2025 | – | $10.00 | – | – | +3.0% | $10.23 | +2.3% |
| Oct 31, 2025 | – | $10.00 | 20,000,000 | $200.00M | – | $2.81 | −71.9% | |
| Oct 30, 2025 | Nasdaq | $10.00 | 17,500,000 | $175.00M | +1.2% | $10.13 | +1.3% | |
| dyorInsight Digital Partners II | Oct 29, 2025 | Nasdaq | $10.00 | 15,000,000 | $150.00M | +1.3% | $10.20 | +2.0% |
| apxtApex Treasury | Oct 28, 2025 | Nasdaq | $10.00 | – | – | – | $10.20 | +2.0% |
| mmtxMiluna Acquisition | Oct 23, 2025 | – | $10.00 | 6,000,000 | $60.00M | −0.1% | $10.28 | +2.8% |
| alisCalisa Acquisition | Oct 22, 2025 | Nasdaq | $10.00 | 6,000,000 | $60.00M | −0.1% | $8.60 | −14.0% |
| havaHarvard Ave Acquisition | Oct 22, 2025 | – | – | 2,175,000 | – | – | $10.29 | – |
| lkspLake Superior Acquisition | Oct 7, 2025 | – | $10.00 | 10,000,000 | $100.00M | 0.0% | $10.31 | +3.1% |
| giwGigCapital8 | Oct 6, 2025 | – | – | 22,000,000 | – | – | $10.21 | – |
| aiiaAI Infrastructure Acquisition | Oct 3, 2025 | – | $10.00 | 12,000,000 | $120.00M | +0.2% | $10.31 | +3.1% |
| rngtRange Capital Acquisition Corp II | Oct 3, 2025 | – | $10.00 | 20,000,000 | $200.00M | 0.0% | $10.22 | +2.2% |
| ycyAA Mission Acquisition Corp. II | Oct 1, 2025 | NYSE | $10.00 | 10,000,000 | $100.00M | −0.4% | $10.33 | +3.3% |
| krspRice Acquisition Corp 3 | Oct 1, 2025 | – | $10.00 | 30,000,000 | $300.00M | +3.0% | $10.52 | +5.2% |
| apacStoneBridge Acquisition II | Oct 1, 2025 | – | $10.00 | 5,000,000 | $50.00M | – | $10.31 | +3.1% |
| bdciBTC Development | Sep 30, 2025 | Nasdaq | – | 22,000,000 | – | – | $10.18 | – |
| Sep 30, 2025 | – | $10.00 | 40,000,000 | $400.00M | +0.9% | $10.24 | +2.4% | |
| aexaAmerican Exceptionalism Acquisition Corp. A | Sep 26, 2025 | – | $10.00 | – | – | +6.1% | $10.64 | +6.4% |
| emisEmmis Acquisition | Sep 26, 2025 | – | $10.00 | 10,000,000 | $100.00M | – | $10.33 | +3.3% |
| Sep 26, 2025 | – | $10.00 | 25,000,000 | $250.00M | – | $10.24 | +2.4% | |
| dmiiDrugs Made In America Acquisition II | Sep 25, 2025 | – | $10.00 | 50,000,000 | $500.00M | −0.1% | $10.24 | +2.4% |
| lataGalata Acquisition Corp. II | Sep 19, 2025 | – | $10.00 | 15,000,000 | $150.00M | −0.1% | $10.23 | +2.3% |
| checChenghe Acquisition III | Sep 16, 2025 | – | $10.00 | 11,000,000 | $110.00M | −0.1% | $10.40 | +4.0% |
| otgaOTG Acquisition Corp. I | Sep 12, 2025 | – | $10.00 | 20,000,000 | $200.00M | 0.0% | $10.29 | +2.9% |
| tlncTalon Capital | Sep 9, 2025 | – | – | 22,500,000 | – | – | $10.27 | – |
| blzrTrailblazer Acquisition | Sep 9, 2025 | – | $10.00 | 24,000,000 | $240.00M | 0.0% | $10.27 | +2.7% |
| gsrfGSR IV Acquisition | Sep 4, 2025 | – | – | 20,000,000 | – | – | $10.31 | – |
| koynCSLM Digital Asset Acquisition Corp III | Aug 27, 2025 | – | – | 20,000,000 | – | – | $10.29 | – |
| Aug 27, 2025 | – | $10.00 | 20,000,000 | $200.00M | −1.0% | $8.05 | −19.5% | |
| mbviM3-Brigade Acquisition VI | Aug 27, 2025 | Nasdaq | $10.00 | 30,000,000 | $300.00M | 0.0% | $10.30 | +3.0% |
| cepfCantor Equity Partners IV | Aug 21, 2025 | – | $10.00 | – | – | +1.2% | $10.35 | +3.5% |
| hvmcHighview Merger | Aug 12, 2025 | – | $10.00 | 20,000,000 | $200.00M | +0.1% | $10.30 | +3.0% |
| mklyMcKinley Acquisition | Aug 12, 2025 | – | $10.00 | 15,000,000 | $150.00M | −0.2% | $10.31 | +3.1% |
| sseaStarry Sea Acquisition | Aug 8, 2025 | – | – | 5,000,000 | – | – | $10.45 | – |
| qumsQuantumsphere Acquisition | Aug 6, 2025 | – | – | 7,200,000 | – | – | $10.42 | – |
| hcmaHCM III Acquisition | Aug 4, 2025 | Nasdaq | $10.00 | 22,000,000 | $220.00M | – | $10.34 | +3.4% |
| paiiPyrophyte Acquisition Corp. II | Jul 17, 2025 | NYSE | $10.00 | 17,500,000 | $175.00M | +0.1% | $10.38 | +3.8% |
| socaSolarius Capital Acquisition | Jul 16, 2025 | – | $10.00 | 15,000,000 | $150.00M | +0.2% | $10.40 | +4.0% |
| spegSilver Pegasus Acquisition | Jul 15, 2025 | – | $10.00 | 10,000,000 | $100.00M | +0.3% | $10.46 | +4.6% |
| gteraGloba Terra Acquisition | Jul 9, 2025 | Nasdaq | $10.00 | 15,217,000 | $152.17M | +0.4% | $10.50 | +5.0% |
| Jul 3, 2025 | – | $10.00 | 42,000,000 | $420.00M | – | $10.37 | +3.7% | |
| onch1RT Acquisition | Jul 2, 2025 | – | $10.00 | 15,000,000 | $150.00M | +2.4% | $10.37 | +3.7% |
| nmpNMP Acquisition | Jul 2, 2025 | – | $10.00 | 10,000,000 | $100.00M | – | $10.45 | +4.5% |
| oriqOrigin Investment Corp I | Jul 2, 2025 | Nasdaq | $10.00 | 6,000,000 | $60.00M | −0.2% | $10.43 | +4.3% |
| vnmeVendome Acquisition Corp I | Jul 2, 2025 | Nasdaq | $10.00 | 20,000,000 | $200.00M | −0.3% | $10.37 | +3.7% |
| cciiCohen Circle Acquisition Corp. II | Jul 1, 2025 | Nasdaq | $10.00 | 22,000,000 | $220.00M | +1.4% | $10.38 | +3.8% |
| Jun 30, 2025 | – | $10.00 | 15,000,000 | $150.00M | – | $10.41 | +4.1% | |
| figxFIGX Capital Acquisition | Jun 27, 2025 | Nasdaq | $10.00 | 13,100,000 | $131.00M | 0.0% | $10.39 | +3.9% |
| lwacLightWave Acquisition | Jun 26, 2025 | – | $10.00 | 18,750,000 | $187.50M | – | $10.40 | +4.0% |
| obaOxley Bridge Acquisition | Jun 25, 2025 | Nasdaq | $10.00 | 22,000,000 | $220.00M | 0.0% | $10.40 | +4.0% |
| axinAxiom Intelligence Acquisition Corp 1 | Jun 18, 2025 | Nasdaq | $10.00 | 17,500,000 | $175.00M | +0.4% | $10.42 | +4.2% |
| pachPioneer Acquisition I | Jun 18, 2025 | Nasdaq | $10.00 | 22,000,000 | $220.00M | +0.1% | $10.42 | +4.2% |
| bsaaBEST SPAC I Acquisition | Jun 13, 2025 | – | $10.00 | 5,500,000 | $55.00M | +0.2% | $10.66 | +6.6% |
| baccBlue Acquisition | Jun 13, 2025 | Nasdaq | $10.00 | 17,500,000 | $175.00M | +0.3% | $10.49 | +4.9% |
| bluwBlue Water Acquisition Corp. III | Jun 11, 2025 | – | $10.00 | 22,000,000 | $220.00M | – | $10.43 | +4.3% |
| jenaJENA ACQUISITION Corp II | May 29, 2025 | – | $10.00 | 20,000,000 | $200.00M | +1.1% | $10.46 | +4.6% |
| wtgWintergreen Acquisition | May 29, 2025 | – | $10.00 | 5,000,000 | $50.00M | −0.1% | $10.84 | +8.4% |
| chpgChampionsGate Acquisition | May 28, 2025 | – | – | 6,500,000 | – | – | $10.55 | – |
| kchvKochav Defense Acquisition | May 28, 2025 | – | $10.00 | 22,000,000 | $220.00M | −0.1% | $10.49 | +4.9% |
| craqCal Redwood Acquisition | May 23, 2025 | – | $10.00 | 20,000,000 | $200.00M | +0.1% | $10.47 | +4.7% |
| oyseOyster Enterprises II Acquisition | May 22, 2025 | – | $10.00 | – | – | +0.2% | $10.45 | +4.5% |
| pcapProCap Acquisition | May 22, 2025 | – | $10.00 | 22,000,000 | $220.00M | – | $10.45 | +4.5% |
| xrpnuArmada Acquisition Corp. II | May 21, 2025 | – | – | 20,000,000 | – | – | Delisted | – |
| wennWEN Acquisition | May 16, 2025 | – | $10.00 | 26,100,000 | $261.00M | +4.6% | $10.47 | +4.7% |
| rtacRenatus Tactical Acquisition Corp I | May 15, 2025 | – | $10.00 | 21,000,000 | $210.00M | +11.9% | $10.48 | +4.8% |
| tvaiThayer Ventures Acquisition Corp II | May 15, 2025 | Nasdaq | $10.00 | 17,500,000 | $175.00M | +0.3% | $10.47 | +4.7% |
| May 14, 2025 | – | $10.00 | 36,000,000 | $360.00M | +3.1% | $9.42 | −5.8% | |
| pmtrPerimeter Acquisition Corp. I | May 13, 2025 | Nasdaq | $10.00 | 21,000,000 | $210.00M | +1.5% | $10.48 | +4.8% |
| eghaEGH Acquisition | May 9, 2025 | Nasdaq | $10.00 | 15,000,000 | $150.00M | – | $10.48 | +4.8% |
| ccaqCollective Acquisition | May 8, 2025 | Nasdaq | $10.00 | 12,500,000 | $125.00M | – | $10.60 | +6.0% |
| May 2, 2025 | – | $10.00 | 24,000,000 | $240.00M | +0.1% | $4.47 | −55.3% | |
| gtenGores Holdings X, Inc. / CI | May 2, 2025 | – | $10.00 | 31,200,000 | $312.00M | +0.7% | $10.44 | +4.4% |
| tacoBerto Acquisition | May 1, 2025 | – | $10.00 | 26,100,000 | $261.00M | – | $10.52 | +5.2% |
| coplCopley Acquisition | May 1, 2025 | – | $10.00 | 15,000,000 | $150.00M | 0.0% | $10.80 | +8.0% |
| rdagRepublic Digital Acquisition | May 1, 2025 | – | $10.00 | 3,960,000 | $39.60M | +1.5% | $10.49 | +4.9% |
| lcccLakeshore Acquisition III | Apr 30, 2025 | – | $10.00 | 6,000,000 | $60.00M | +0.3% | $10.55 | +5.5% |
| daaqDigital Asset Acquisition | Apr 29, 2025 | Nasdaq | $10.00 | 15,000,000 | $150.00M | +1.3% | $10.53 | +5.3% |
| tvaTexas Ventures Acquisition III | Apr 23, 2025 | – | $10.00 | 20,000,000 | $200.00M | – | $10.71 | +7.1% |
| Apr 21, 2025 | – | $10.00 | 20,000,000 | $200.00M | −0.7% | $6.08 | −39.2% | |
| tachTitan Acquisition | Apr 9, 2025 | – | $10.00 | 24,000,000 | $240.00M | −0.1% | $10.58 | +5.8% |
| soulSoulpower Acquisition | Apr 3, 2025 | – | $10.00 | 22,000,000 | $220.00M | – | $10.55 | +5.4% |
| sdhiSiddhi Acquisition Corp (Cayman Islands) | Apr 1, 2025 | – | $10.00 | 24,000,000 | $240.00M | +0.2% | $10.60 | +6.0% |
| uyscUY Scuti Acquisition | Mar 31, 2025 | – | $10.00 | 5,000,000 | $50.00M | +0.6% | $11.04 | +10.4% |
| gshrGesher Acquisition Corp. II | Mar 21, 2025 | – | $10.00 | 12,500,000 | $125.00M | +0.2% | $10.64 | +6.4% |
| qseaQuartzsea Acquisition | Mar 18, 2025 | – | – | 7,200,000 | – | – | $10.74 | – |
| feraFifth Era Acquisition Corp I | Feb 28, 2025 | Nasdaq | $10.00 | 20,000,000 | $200.00M | +0.2% | $10.61 | +6.1% |
| Feb 27, 2025 | – | $10.00 | 20,000,000 | $200.00M | +0.5% | $10.60 | +6.0% | |
| atiiArchimedes Tech SPAC Partners II | Feb 11, 2025 | – | $10.00 | 20,000,000 | $200.00M | +0.4% | Delisted | – |
| onenONE Nuclear Energy | Feb 6, 2025 | Nasdaq | $10.00 | 17,500,000 | $175.00M | −1.8% | $1.41 | −85.9% |
| kfiiK&F Growth Acquisition Corp. II | Feb 5, 2025 | Nasdaq | $10.00 | 25,000,000 | $250.00M | +0.1% | $10.65 | +6.5% |
| svccStellar V Capital Corp. (Cayman Islands) | Jan 30, 2025 | – | $10.00 | 15,000,000 | $150.00M | +0.1% | $11.19 | +11.9% |
| bxblBoxabl | Jan 29, 2025 | Nasdaq | $10.00 | 8,000,000 | $80.00M | – | $1.96 | −80.4% |
| dmaaDrugs Made In America Acquisition | Jan 28, 2025 | – | $10.00 | 20,000,000 | $200.00M | 0.0% | $10.90 | +9.0% |
| Jan 15, 2025 | – | $10.00 | 15,000,000 | $150.00M | +0.4% | $10.65 | +6.5% | |
| ribbRibbon Acquisition | Jan 15, 2025 | – | – | 5,000,000 | – | – | $7.91 | – |
| Jan 10, 2025 | NYSE | $10.00 | 24,000,000 | $240.00M | – | $0.072 | −99.3% | |
| cepoCantor Equity Partners I | Jan 7, 2025 | – | $10.00 | – | – | – | $10.81 | +8.1% |
Uplistings and other offerings (15)
Companies that sold shares under a final prospectus while moving to a major exchange, usually from the OTC market.
| Company | Date | Exchange | Offer price | Shares | Raised | First day | Price | Since IPO |
|---|---|---|---|---|---|---|---|---|
| Nov 26, 2025 | Nasdaq | – | 11,028,905 | – | – | $28.20 | – | |
| cabrCaring Brands | Nov 14, 2025 | Nasdaq | – | 1,000,000 | – | – | $0.8609 | – |
| Nov 6, 2025 | Nasdaq | $0.609 | 12,315,270 | $7.50M | – | $0.0002 | −100.0% | |
| Sep 25, 2025 | Nasdaq | $18.00 | 11,108,055 | $199.94M | – | $57.72 | +220.7% | |
| Jun 6, 2025 | Nasdaq | $38.50 | 18,534,581 | $713.58M | – | $977.69 | +2439.5% | |
| May 30, 2025 | Nasdaq | $19.00 | 31,600,000 | $600.40M | – | $15.97 | −15.9% | |
| May 20, 2025 | Nasdaq | $2.94 | 34,000 | $99.96K | – | $6.02 | +104.8% | |
| May 16, 2025 | NYSE | – | 11,500,000 | – | – | $25.92 | – | |
| May 1, 2025 | – | – | 2,222,000 | – | – | – | – | |
| Apr 2, 2025 | Nasdaq | – | – | – | – | $0.0238 | – | |
| mkdwMKDWELL Tech | Mar 13, 2025 | – | – | – | – | – | $0.005 | – |
| Mar 12, 2025 | NYSE | $16.50 | 19,464,174 | $321.16M | – | $22.73 | +37.8% | |
| Feb 12, 2025 | – | – | – | – | – | $1.33 | – | |
| Feb 6, 2025 | – | – | – | – | – | $0.236 | – | |
| Jan 22, 2025 | – | – | – | – | – | $1.20 | – |
See recent IPOs and lockup dates. Returns use prices adjusted for later stock splits.