ELMT News
Archived Headlines
- High-power microwave systems manufacturer The Elmet Group sets terms for $100 million IPO 04/14/26
- US IPO Weekly Recap: SpaceX confidentially files, energy play goes public, and more defense tech joins the IPO pipeline 04/02/26
- High-power microwave systems manufacturer The Elmet Group files for a $115 million IPO 03/30/26
Renaissance Capital’s April IPO Market Update
Thirteen IPOs raised a combined $7.3 billion in April, joined by two direct listings. While surging volatility in March weighed on new issuance early on, activity ended in line with April’s 10-year historical average by deal count (15) but well above by...read more
US IPO Weekly Recap: Nuclear tech, critical materials, and more in a 4 IPO week
Four IPOs priced this past week, featuring nuclear tech, critical materials, real estate, and convenience stores. SMR developer X-Energy (XE) upsized and priced well above the range to raise $1.0 billion at a $9.5 billion market cap, the first advanced...read more
High-power microwave systems manufacturer The Elmet Group prices upsized IPO at $14, the high end of the range
The Elmet Group, which makes critical materials and high-power microwave products for aerospace and defense, raised $120 million by offering 8.6 million shares at $14, the high end of the $12 to $14 range. The company had originally planned to offer 7.7 million ...read more
US IPO Week Ahead: Nuclear reactor developer and convenience store chain among 4 sizable IPOs set to list
Four sizable IPOs are currently scheduled in the week ahead, and some smaller issuers may join the calendar throughout the week. Small modular reactor developer X-Energy (XE) is set to raise $750 million at a $7.1 billion market cap. X-Energy designs...read more