IPO

250 articles
BenzingaBenzinga··Namrata Sen

OpenAI's Revenue Surges Past $25B as IPO Looms, but Rivals Close In

OpenAI's annualized revenue exceeded $25 billion as of February 2026, up 17% year-over-year, while facing intensifying competition from Anthropic ahead of anticipated mid-2026 IPO.
NVDAAMZNGOOGGOOGLIPOrevenue growth
GlobeNewswire Inc.GlobeNewswire Inc.··Rosen Law Firm

Navan Inc. Faces Class Action Over Alleged IPO Disclosure Failures

Rosen Law Firm files securities class action against $NAVN, alleging false IPO disclosures about sales expenses. Lead plaintiff deadline set for April 24, 2026.
KDNAVNKDDIYsecurities fraudclass action lawsuit
BenzingaBenzinga··Prnewswire

MaxsMaking Reports 36% Revenue Surge But Profitability Collapses in FY2025

$MAMK posts strong 36% revenue growth to $29.22M, but net income plummets 99% amid margin compression and overseas weakness.
MAMKIPOrevenue growth
GlobeNewswire Inc.GlobeNewswire Inc.··Kahn Swick & Foti, Llc

Class Action Lawsuit Against Navan Seeks Lead Plaintiffs Before April 24 Deadline

Kahn Swick & Foti, LLC filed class action lawsuits against Navan, Kyndryl, and Ultragenyx for alleged securities disclosure violations. Lead plaintiff applications due April 24, 2026.
KDNAVNRAREsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Robbins Geller Rudman & Dowd Llp

Navan Stock Collapses 63% as Class Action Alleges Misleading IPO Disclosures

Navan faces class action lawsuit alleging October 2025 IPO documents omitted planned 39% sales-marketing spending increase. Stock down 63% from $25 IPO price to $9.20.
NAVNsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Pomerantz Llp

Fermi Inc. Faces Securities Fraud Claims After $150M Data Center Deal Collapse

Pomerantz Law Firm files class action against $FRMI over tenant termination of $150M construction agreement post-IPO, alleging securities fraud. March 6 deadline for investors.
KDPYPLFRMIsecurities fraudclass action lawsuit
The Motley FoolThe Motley Fool··Reuben Gregg Brewer

Polymarket IPO in 2026? Why Prediction Market Hype May Hide Long-Term Risks

Prediction market platform Polymarket could IPO in 2026 amid sector enthusiasm, but historical precedent suggests peak-hype IPOs significantly underperform.
DKNGTSLALCIDRIVNHOODprediction marketsIPO
GlobeNewswire Inc.GlobeNewswire Inc.··Bragar Eagel & Squire, P.C.

Fermi Faces Class Action Over Project Matador Claims as March 6 Deadline Looms

Fermi Inc. faces class action lawsuit alleging false statements about Project Matador tenant demand and funding reliability. Lead plaintiff deadline is March 6, 2026.
FRMIsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Levi & Korsinsky, Llp

Fermi Inc. Faces Class Action Over Project Matador Misstatements as Deadline Nears

Fermi Inc. faces class action lawsuit alleging false statements about Project Matador tenant demand. Lead plaintiff deadline set for March 6, 2026.
FRMIsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Robbins Llp

Navan Stock Plunges 63% as Class Action Alleges IPO Deception Over Expenses

Robbins LLP filed securities class action against $NAVN, alleging the company concealed a 39% spike in sales and marketing expenses during its October 2025 IPO.
NAVNsecurities fraudclass action lawsuit
BenzingaBenzinga··Erica Kollmann

Xanadu Quantum Racing Toward Nasdaq Debut With $500M War Chest

Xanadu Quantum Technologies gains SEC approval for Nasdaq IPO via SPAC merger, raising $500M to advance photonic quantum computing technology and commercial partnerships.
LMTINFQINFQ.WSCHACCHACR+1SPAC mergerIPO
BenzingaBenzinga··Anna Tutova

Cerebras Eyes $23B Valuation, OpenAI Deal as It Challenges Nvidia's AI Dominance

Cerebras, valued at $23 billion, secures $100+ billion OpenAI deal and plans April 2026 IPO, challenging Nvidia's AI hardware dominance with specialized processors.
NVDAMETAIBMIPOenergy efficiency
GlobeNewswire Inc.GlobeNewswire Inc.··Bronstein, Gewirtz & Grossman Llc

Fermi Inc. Faces Class Action Over IPO Claims as Investors Allege Misrepresentation

Class action filed against $FRMI alleging materially false statements about Project Matador tenant demand and overstated financial prospects since October 2025 IPO.
FRMIsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Bleichmar Fonti & Auld Llp

FRMI Faces Securities Fraud Class Action as Stock Crashes 33% Over Data Center Deal Collapse

Fermi Inc. stock crashed 33% after tenant terminated $150M funding deal for Project Matador nuclear data center. Investors have until March 6, 2026, to join securities fraud class action.
FRMIsecurities fraudclass action lawsuit
BenzingaBenzinga··Funso Lawal

OpenAI Secures $110B in Landmark Funding Round at $730B Valuation

OpenAI closes $110B funding round at $730B valuation, led by Amazon ($50B), NVIDIA ($30B), and SoftBank ($30B). Funds support AI research and infrastructure scaling.
NVDAMSFTAMZNGOOGGOOGL+1IPOcloud infrastructure
GlobeNewswire Inc.GlobeNewswire Inc.··The Law Offices Of Frank R. Cruz

Shareholder Lawsuits Against Lakeland Industries, Navan Inc. Approach Lead Plaintiff Deadline

Class action lawsuits filed against Lakeland Industries and Navan Inc. allege misleading disclosures. Lead plaintiff deadline is April 24, 2026.
LAKENAVNclass action lawsuitmisleading statements
BenzingaBenzinga··Namrata Sen

xAI Co-Founder Exits as Half of Original Team Departs Pre-IPO

xAI co-founder Toby Pohlen exits, marking half the original team's departure. The AI company faces leadership transitions as SpaceX prepares it for potential IPO.
GOOGGOOGLIPOxAI
BenzingaBenzinga··Globe Newswire

Middlefield Raises $29.2M in First Close of Resource-Focused LP

Middlefield closes $29.2M in resource-focused limited partnership with CIBC and RBC as co-leads, targeting Canadian resource sector exposure with tax efficiency benefits.
MBCNIPOflow-through shares
GlobeNewswire Inc.GlobeNewswire Inc.··Claimsfiler

Navan Class Action Deadline Approaches for IPO Investors With Substantial Losses

Navan IPO investors with losses over $100,000 have until April 24, 2026 to file for lead plaintiff status in a class action alleging the company concealed marketing expense increases before going public.
NAVNsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Na

TRG Latin America SPAC Sets $200M IPO Price Ahead of February Close

TRG Latin America SPAC prices IPO at $10 per unit, raising $200 million. The blank check company begins Nasdaq trading February 27, 2026, targeting Latin American acquisitions.
SANLatin AmericaIPO