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IPOS IN THE NEWS

CAQU

Technology-focused SPAC Cambridge Acquisition files for a $200 million IPO

Cambridge Acquisition, a blank check company targeting the technology sector, filed on Monday with the SEC to raise up to $200 million in an initial public offering. The company plans to raise $200 million by offering 20 million units at $10.00. Each unit...read more

Cardiff Lexington logo

Healthcare-focused holding company Cardiff Lexington files for a $7 million Nasdaq uplisting

Cardiff Lexington, a holding company focused on acquiring business primarily in the healthcare sector, filed on Monday with the SEC to raise up to $7 million in an initial public offering. Cardiff Lexington originally filed for an IPO in July 2023, but later...read more

MEVOU

SPAC M Evo Global Acquisition II files for a $225 million IPO, targeting US critical minerals

M Evo Global Acquisition II, a blank check company targeting the critical minerals sector in the US, filed on Monday with the SEC to raise up to $225 million in an initial public offering. The company plans to raise $225 million by offering 22.5 million units...read more

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IPO ETF

U.S. IPO Performance

INVEST IN THE IPO ETF
Ticker Company Ticker
Trade
Date
Shares (M) Price Range Deal Size ($M) Underwriters
MDLN Medline MDLN 00/00/00 179.0 $26.00 - $30.00 $5,012 Goldman
Morgan Stanley
ANDG Andersen Group ANDG 00/00/00 11.0 $14.00 - $16.00 $165 Morgan Stanley
UBS

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Ticker Company Ticker Offer Date Deal Size ($M) Current Price Today's Change Return from IPO
WLTH Wealthfront WLTH 12/11/25 $485 $13.95
$0.00
(0.0%)
-0.4%
LMRI Lumexa Imaging LMRI 12/10/25 $463 $18.52
$0.00
(0.0%)
0.1%
CDNL Cardinal Infrastructure CDNL 12/09/25 $242 $28.23
$0.00
(0.0%)
34.4%

IPO PRO TIP

The IPO price is the price the underwriters will sell stock to institutional and accredited investors. Learn more at IPO University

Q3 2025 US Market Review

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Pricing Activity

IPO Proceeds Raised

IPO ETF

NEW STOCKS ONLY
(Avg. Age 1.3 Years)

0.1%
overlap*

S&P 500

OLDER STOCKS
(Avg. Age 43 Years)

*By Weight, as of 01/01/2025

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The IPO ETF has almost NO Overlap with the S&P 500

The IPO ETF only contains New Stocks

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