---
title: "How much does an IPO cost?"
description: "Underwriting spreads and itemized offering expenses \u2014 legal, accounting, printing and listing fees \u2014 from 491 US operating-company IPOs priced 2023\u20132026, with the auditor, counsel and underwriters for each."
site: Deal Cost Index
content_updated: 2026-09-15
data_checked: 2026-09-13
license: CC BY 4.0
html: https://dealcostindex.com/ipo-costs.html
---
IPO costs · SEC filings 2023–2026

# How much does an IPO cost?

The median underwriting spread across 491 US operating-company IPOs priced 2023–2026 was 7.0% of proceeds, falling to 5.25% for offerings above $500M.

On top of the spread, itemized expenses ran to a median of $1.0M for IPOs under $10M and $5.0M in legal fees alone for offerings above $500M.

Key figures

491

US operating-company IPOs

7.0%

median underwriting spread

5.25%

median spread, offerings over $500M

$5.0M

median legal fees, offerings over $500M

## Costs by offering size

The underwriting spread was 7.0% of proceeds in every size band up to $500M and 5.25% above it. Median issuer legal fees were $495K for IPOs under $10M (83 itemized), $2.6M for $100–250M offerings (31) and $5.0M above $500M (28), from registration statements filed 2023–2026.

Spread from the final prospectus (424B4). Expenses from the itemized table in the last S-1 or F-1 filed before pricing ("Other expenses of issuance and distribution"); 245 IPOs itemize them. Medians per band.

| Offering size | IPOs | Median spread | Legal | Accounting | Printing | Listing fee | Total expenses | Itemized |
|---|---|---|---|---|---|---|---|---|
| Under $10M | 101 | 7.00% | $495K | $226K | $24K | $50K | $1.03M | 83 |
| $10–25M | 55 | 7.00% | $478K | $300K | $20K | $50K | $1.41M | 44 |
| $25–50M | 13 | 7.00% | $1.32M | $751K | $179K | $253K | $2.76M | 12 |
| $50–100M | 20 | 7.00% | $2.86M | $1.14M | $233K | $295K | $5M | 13 |
| $100–250M | 44 | 7.00% | $2.6M | $1.32M | $342K | $295K | $4.6M | 31 |
| $250–500M | 49 | 7.00% | $3M | $1.25M | $400K | $295K | $5.75M | 34 |
| $500M+ | 45 | 5.25% | $5.01M | $3.73M | $500K | $325K | $12.8M | 28 |

## Auditors, counsel and underwriters

Big Four firms audited 119 of the 393 IPOs whose auditor could be identified. Their itemized accounting fees had a median of $1.62M across 66 IPOs, against $336K across 103 IPOs audited by other firms; Big Four clients also raised larger amounts on average.

Most frequent auditors, issuer counsel and underwriters, with median fees where itemized.

### Auditors

| Firm | Tier | IPOs | Median accounting fee |
|---|---|---|---|
| WWwc | Not on a tier list | 38 | $520K |
| Deloitte & Touche | Big Four | 35 | $1.22M |
| KKpmg | Big Four | 27 | $1.4M |
| PricewaterhouseCoopers | Big Four | 26 | $1.9M |
| Ernst & Young | Big Four | 25 | $1.77M |
| MAMarcum Asia CPAs | Other PCAOB annually inspected | 23 | $481K |
| OAOnestop Assurance | Not on a tier list | 19 | $355K |
| FFriedman | Not on a tier list | 13 | $210K |
| ZCZh CPA | Not on a tier list | 13 | $813K |
| WWWei, Wei | Not on a tier list | 11 | — |
| TTaad | Not on a tier list | 8 | $438K |
| BUBdo USA | IPA 100 | 8 | $765K |
| AAAudit Alliance | Not on a tier list | 8 | $500K |
| KCKreit & Chiu CPA | Not on a tier list | 6 | $443K |
| BBBF Borgers CPA PC | Not on a tier list | 5 | $271K |
| TTTPS Thayer | Not on a tier list | 5 | $413K |
| Marcum | Other PCAOB annually inspected | 5 | $250K |
| RRbsm | Not on a tier list | 4 | $151K |
| UUhy | IPA 100 | 4 | $650K |
| OAOneStop Assurance | Not on a tier list | 4 | $400K |
| SESimon & Edward | Not on a tier list | 4 | $172K |
| FMForvis Mazars | Other PCAOB annually inspected | 4 | $100K |
| ACAogb CPA | Not on a tier list | 4 | $145K |
| Deloitte Touche Tohmatsu Certified Public Accountants | Big Four | 3 | — |
| PLPKF Littlejohn | Not on a tier list | 3 | — |

### Issuer counsel

| Firm | Tier | IPOs | Median legal fee |
|---|---|---|---|
| Latham & Watkins | Am Law Global 200 (US) | 27 | $3.12M |
| OROrtoli Rosenstadt | Not on a tier list | 27 | $490K |
| Cooley | Am Law Global 200 (US) | 16 | $3.1M |
| HTHunter Taubman Fischer & Li | Not on a tier list | 14 | $580K |
| Goodwin Procter | Am Law Global 200 (US) | 12 | $2.35M |
| BBevilacqua | Not on a tier list | 10 | $358K |
| Simpson Thacher & Bartlett | Am Law Global 200 (US) | 10 | $2.5M |
| Loeb & Loeb | Not on a tier list | 10 | $532K |
| DPDavis Polk & Wardwell | Am Law Global 200 (US) | 10 | $4.47M |
| SRSichenzia Ross Ference Carmel | Not on a tier list | 9 | $150K |
| Kirkland & Ellis | Am Law Global 200 (US) | 8 | $5.25M |
| HWHarney Westwood & Riegels Singapore | Not on a tier list | 8 | $513K |
| Sidley Austin | Am Law Global 200 (US) | 7 | $5.01M |
| RCRobinson & Cole | Not on a tier list | 7 | $722K |
| LBLucosky Brookman | Not on a tier list | 7 | $250K |
| CDConyers Dill & Pearman | Not on a tier list | 5 | $1.24M |
| OOgier | Not on a tier list | 5 | $713K |
| EGEllenoff Grossman & Schole | Not on a tier list | 5 | $416K |
| CLThe Crone Law Group | Not on a tier list | 5 | $366K |
| HWHarney Westwood & Riegels | Not on a tier list | 5 | — |
| Nelson Mullins Riley & Scarborough | Am Law Global 200 (US) | 4 | $400K |
| HKHan Kun Law Offices | Not on a tier list | 4 | $1.81M |
| Skadden, Arps, Slate, Meagher & Flom | Am Law Global 200 (US) | 4 | $2.5M |
| RTRajah & Tann Singapore | Not on a tier list | 4 | $435K |
| Sheppard, Mullin, Richter & Hampton | Am Law Global 200 (US) | 3 | $750K |

### Underwriters

| Firm | Tier | IPOs |
|---|---|---|
| BofA Securities | Bulge bracket | 45 |
| Goldman Sachs | Bulge bracket | 40 |
| WSWR Securities | Not on a tier list | 35 |
| Stifel, Nicolaus & Company | Middle market | 27 |
| Citigroup Global Markets | Bulge bracket | 23 |
| RBC Capital Markets | Not on a tier list | 22 |
| Wells Fargo Securities | Not on a tier list | 18 |
| Morgan Stanley | Bulge bracket | 18 |
| Jefferies | Middle market | 18 |
| J.P. Morgan Securities | Bulge bracket | 16 |
| BCThe Benchmark Company | Middle market | 15 |
| Guggenheim Securities | Elite boutique | 14 |
| Roth Capital Partners | Not on a tier list | 13 |
| Barclays Capital | Bulge bracket | 13 |
| RSRevere Securities | Not on a tier list | 11 |
| Evercore Group | Elite boutique | 11 |
| UTUS Tiger Securities | Not on a tier list | 10 |
| Cantor Fitzgerald | Not on a tier list | 10 |
| LPLeerink Partners | Not on a tier list | 9 |
| Truist Securities | Middle market | 8 |
| WCWallachBeth Capital | Not on a tier list | 8 |
| Piper Sandler | Middle market | 8 |
| RLR.F. Lafferty | Not on a tier list | 8 |
| NCNeedham & Company | Middle market | 8 |
| BSBoustead Securities | Not on a tier list | 7 |

Firm-level figures describe the IPOs in this dataset only. They are not quotes or rate cards, and inclusion does not imply endorsement by or affiliation with any firm.

## Every IPO in the dataset

491 rows

| Company | Proceeds | Spread | Legal | Accounting | Auditor | Issuer counsel | Source |
|---|---|---|---|---|---|---|---|
| Advance JV Group Ltd — | — | — | — | — | Wwc |  | [424B4 Sep 2026](https://www.sec.gov/Archives/edgar/data/2089447/000149315226040933/form424b4.htm) |
| First Breach, Inc. — Nasdaq Capital Market | — | — | — | — |  | Lucosky Brookman | [424B4 Aug 2026](https://www.sec.gov/Archives/edgar/data/1892704/000149315226039415/form424b4.htm) |
| Lyntris Inc. — | — | — | — | — | Crowe | Willkie Farr & Gallagher | [424B4 Aug 2026](https://www.sec.gov/Archives/edgar/data/2132582/000119312526356916/d23330d424b4.htm) |
| Londian Wason New Energy Tech Inc. — | $94.3M | — | $5.11M | $3.32M | Ernst & Young | Davis Polk & Wardwell | [424B4 Aug 2026](https://www.sec.gov/Archives/edgar/data/2006960/000119312526351136/d476818d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2006960/000119312526329121/d476818df1a.htm) |
| Advasa Holdings, Inc. — Nasdaq Global Market | — | — | — | — | Bush & Associates CPA LLC (“Bush & Associates”) | Anthony, Linder & Cacomanolis | [424B4 Aug 2026](https://www.sec.gov/Archives/edgar/data/2084227/000149315226037407/form424b4.htm) |
| BlossomHill Therapeutics, Inc. — Nasdaq Global Select Market | $150M | 7.00% | $2.81M | — | Deloitte & Touche | Cooley | [424B4 Aug 2026](https://www.sec.gov/Archives/edgar/data/1839970/000119312526340215/d98958d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1839970/000119312526329416/d98958ds1a.htm) |
| Ticketplus Ltd. — NYSE American | $15M | 7.00% | $450K | $100K | CEYA Chile | Bevilacqua | [424B4 Aug 2026](https://www.sec.gov/Archives/edgar/data/2104296/000121390026086641/ea0301091-424b4_ticket.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2104296/000121390026080104/ea0298225-f1a4_ticket.htm) |
| Latigo Biotherapeutics, Inc. — Nasdaq Global Select Market | $346M | 7.00% | $3.2M | — |  | Cooley | [424B4 Aug 2026](https://www.sec.gov/Archives/edgar/data/2056611/000119312526340329/d38775d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2056611/000119312526331205/d38775ds1a.htm) |
| Apnimed, Inc. — Nasdaq Global Select Market | $192M | 7.00% | $3M | $1.1M | Deloitte & Touche | Goodwin Procter | [424B4 Jul 2026](https://www.sec.gov/Archives/edgar/data/1745648/000119312526328422/apmd_424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1745648/000119312526316811/apni-20260727.htm) |
| Jersey Mike's Subs Inc. — New York Stock Exchange | $1B | 5.00% | — | — | Deloitte & Touche | Simpson Thacher & Bartlett | [424B4 Jul 2026](https://www.sec.gov/Archives/edgar/data/2127043/000119312526326453/project_70_424b4.htm) |
| IMC Rare Earths Ltd — NYSE American | $20M | 6.50% | $1.5M | $650K | Uhy | Gibson, Dunn & Crutcher | [424B4 Jul 2026](https://www.sec.gov/Archives/edgar/data/2098395/000149315226035207/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2098395/000149315226033155/formf-1a.htm) |
| Ionic Digital Inc. — Nasdaq Global Select Market | — | — | — | — | Bdo USA | White & Case | [424B4 Jul 2026](https://www.sec.gov/Archives/edgar/data/2007691/000118518526003152/ionicdigi424b4072026.htm) |
| Standard Nuclear, Inc. — New York Stock Exchange | $150M | 6.00% | $3.06M | $210K |  |  | [424B4 Jul 2026](https://www.sec.gov/Archives/edgar/data/2086716/000121390026078747/ea0276071-13.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2086716/000121390026078128/ea0276071-12.htm) |
| QumulusAI, Inc. — Nasdaq Global Market | — | — | — | — |  | Fox Rothschild | [424B4 Jul 2026](https://www.sec.gov/Archives/edgar/data/2084026/000143774926023622/quma20260714_424b4.htm) |
| SK hynix Inc. — Nasdaq Global Select Market | $26.5B | — | $4.5M | $4.75M | Kpmg | Cleary Gottlieb Steen & Hamilton | [424B4 Jul 2026](https://www.sec.gov/Archives/edgar/data/2120882/000119312526299963/d32785d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2120882/000119312526295501/d32785df1a.htm) |
| Neutron Holdings, Inc. — Nasdaq Global Select Market | $174M | 7.00% | $4M | $7.23M | Kpmg | Latham & Watkins | [424B4 Jul 2026](https://www.sec.gov/Archives/edgar/data/1699963/000162828026046635/neutronholdingsinc-424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1699963/000162828026044471/neutronholdingsinc-sx1a1.htm) |
| Bending Spoons S.p.A. — Nasdaq Global Select Market | — | — | — | — | Deloitte & Touche | Latham & Watkins | [424B4 Jul 2026](https://www.sec.gov/Archives/edgar/data/2004711/000110465926079884/tm2613674-14_424b4.htm) |
| GreenVector Holdings Ltd — | — | — | — | — |  | Sichenzia Ross Ference Carmel | [424B4 Jul 2026](https://www.sec.gov/Archives/edgar/data/2078037/000149315226031463/form424b4.htm) |
| DSC Holdings Ltd. — Nasdaq Global Market | $51M | — | $2.86M | $4.14M | Ernst & Young | Davis Polk & Wardwell | [424B4 Jun 2026](https://www.sec.gov/Archives/edgar/data/1966041/000121390026072276/ea0200059-38.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1966041/000121390026070374/ea0200059-36.htm) |
| Kardigan, Inc. — Nasdaq Global Market | $400M | 7.00% | $2.5M | $1.2M |  | Goodwin Procter | [424B4 Jun 2026](https://www.sec.gov/Archives/edgar/data/2123613/000119312526276096/d107928d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2123613/000119312526266629/d107928ds1a.htm) |
| First Carolina Financial Services, Inc. — New York Stock Exchange | $68.8M | 7.00% | $2.1M | — | Cherry Bekaert | Skadden, Arps, Slate, Meagher & Flom | [424B4 Jun 2026](https://www.sec.gov/Archives/edgar/data/1531193/000114036126025790/ny20062301x10_424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1531193/000114036126024973/ny20062301x9_s1a.htm) |
| Space Exploration Technologies Corp — | $75B | — | — | — |  | Gibson, Dunn & Crutcher | [424B4 Jun 2026](https://www.sec.gov/Archives/edgar/data/1181412/000162828026042639/spaceexplorationtechnologi.htm) |
| Parabilis Medicines, Inc. — Nasdaq Global Select Market | $670M | 7.00% | $2.61M | $1.2M |  | Goodwin Procter | [424B4 Jun 2026](https://www.sec.gov/Archives/edgar/data/1657677/000119312526265983/pbls_424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1657677/000119312526262880/ck0001657677-20260609.htm) |
| ERock, Inc. — New York Stock Exchange | $600M | — | $4.5M | $2.58M | Deloitte & Touche | Gibson, Dunn & Crutcher | [424B4 Jun 2026](https://www.sec.gov/Archives/edgar/data/2110029/000119312526265898/d12401d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2110029/000119312526258942/d12401ds1a.htm) |
| Quantinuum Inc. — Nasdaq Global Market | $1.68B | 4.75% | $9M | $7.4M | Deloitte & Touche | Latham & Watkins | [424B4 Jun 2026](https://www.sec.gov/Archives/edgar/data/2110105/000162828026041003/quantinuum-424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2110105/000162828026039286/quantinuum-sx1a2.htm) |
| Liftoff Mobile, Inc. — Nasdaq Global Select Market | $437M | 6.00% | — | — | Deloitte & Touche | Simpson Thacher & Bartlett | [424B4 Jun 2026](https://www.sec.gov/Archives/edgar/data/1850351/000119312526257410/iron_424b4_round_2.htm) |
| Applied Aerospace & Defense, Inc. — New York Stock Exchange | $650M | 5.50% | $5M | $3.17M |  | Kirkland & Ellis | [424B4 Jun 2026](https://www.sec.gov/Archives/edgar/data/2118195/000119312526256356/d25758d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2118195/000119312526237828/d25758ds1a.htm) |
| Innio N.V. — Nasdaq Global Select Market | $2.43B | 3.75% | $1.5M | $19.1M |  | NautaDutilh N.V. Certain matters of U.S. federal law will be passed upon for us by Latham & Watkins | [424B4 Jun 2026](https://www.sec.gov/Archives/edgar/data/2109150/000119312526256992/liberty_-_424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2109150/000119312526237848/ck0002109150-20260526.htm) |
| Micware Co., Ltd. — Nasdaq Global Market | $22.8M | 7.00% | $1.21M | $2.63M | Marcum Asia CPAs | Robinson & Cole | [424B4 May 2026](https://www.sec.gov/Archives/edgar/data/2083526/000182912626005249/micware_424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2083526/000182912626003987/micware_f1a.htm) |
| Blackstone Digital Infrastructure Trust Inc. — New York Stock Exchange | $1.75B | 4.50% | — | — | Deloitte & Touche | Simpson Thacher & Bartlett | [424B4 May 2026](https://www.sec.gov/Archives/edgar/data/2100161/000119312526225090/d52761d424b4.htm) |
| GMR Solutions Inc. — New York Stock Exchange | $479M | — | — | — | Kpmg | Simpson Thacher & Bartlett | [424B4 May 2026](https://www.sec.gov/Archives/edgar/data/1898718/000110465926060835/tm2518736-29_424b5.htm) |
| EagleRock Land, LLC — New York Stock Exchange | $320M | 7.00% | $4.5M | $4.1M | Deloitte & Touche | Vinson & Elkins | [424B4 May 2026](https://www.sec.gov/Archives/edgar/data/2104882/000119312526224302/d37594d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2104882/000119312526215584/d37594ds1a.htm) |
| AIAI Holdings Corp — Nasdaq Global Market | — | — | — | — | Forvis Mazars | Egan Nelson | [424B4 May 2026](https://www.sec.gov/Archives/edgar/data/2096362/000149315226022855/form424b4.htm) |
| Fervo Energy Co — | $1.89B | — | — | — | Deloitte & Touche | Latham & Watkins | [424B4 May 2026](https://www.sec.gov/Archives/edgar/data/1853868/000162828026034849/fervoenergy-424b4.htm) |
| Cerebras Systems Inc. — Nasdaq Global Select Market | $5.55B | — | — | — | Kpmg | Latham & Watkins | [424B4 May 2026](https://www.sec.gov/Archives/edgar/data/2021728/000162828026035214/cerebras-424b4.htm) |
| Conexeu Sciences Inc. — Nasdaq Capital Market | — | — | — | — | Adeptus Partners |  | [424B4 May 2026](https://www.sec.gov/Archives/edgar/data/2066836/000106299326002473/form424b4.htm) |
| Odyssey Therapeutics, Inc. — Nasdaq Capital Market | $279M | 7.00% | $2.5M | $625K | Deloitte & Touche | Covington & Burling | [424B4 May 2026](https://www.sec.gov/Archives/edgar/data/1882782/000119312526214819/odyssey__form_424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1882782/000119312526202398/odtx-20260504.htm) |
| Suja Life, Inc. — Nasdaq Global Select Market | $187M | — | — | — | Deloitte & Touche | Kirkland & Ellis | [424B4 May 2026](https://www.sec.gov/Archives/edgar/data/1934114/000110465926057504/tm2530822-13_424b4.htm) |
| Silver Bow Mining Corp. — NYSE American | — | 7.00% | — | — | Assure CPA | Morton Law | [424B4 May 2026](https://www.sec.gov/Archives/edgar/data/2067674/000153949726001267/n5138_x20-424b4.htm) |
| Seaport Therapeutics, Inc. — Nasdaq Global Select Market | $255M | 7.00% | $1.8M | $600K | PricewaterhouseCoopers | Goodwin Procter | [424B4 May 2026](https://www.sec.gov/Archives/edgar/data/2042347/000119312526201758/d73463d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2042347/000119312526178716/d73463ds1a.htm) |
| Hemab Therapeutics Holdings, Inc. — Nasdaq Global Select Market | $302M | 7.00% | $3.7M | $1.2M | EY Godkendt Revisionspartnerselskab | Wilmer Cutler Pickering Hale and Dorr | [424B4 May 2026](https://www.sec.gov/Archives/edgar/data/2114044/000119312526201458/d50309d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2114044/000119312526193885/d50309ds1a.htm) |
| Silver Bow Mining Corp. — NYSE American | $59.8M | 7.00% | $500K | $100K | Assure CPA | Morton Law | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/2067674/000153949726001250/n5138_x19-424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2067674/000153949726001162/n5138_x13-s1a.htm) |
| Avalyn Pharma Inc. — Nasdaq Global Select Market | $300M | 7.00% | $3M | $970K | Deloitte & Touche | Goodwin Procter | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/1540171/000119312526197686/424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1540171/000119312526189477/ck0001540171-20260429.htm) |
| Pershing Square Inc. — New York Stock Exchange | $405M | — | — | — | Ernst & Young | Simpson Thacher & Bartlett | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/2026053/000114036126018103/ny20040230x30_424b4.htm) |
| X-Energy, Inc. — | $1.02B | 5.75% | — | — | Ernst & Young |  | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/2088896/000110465926049515/tm2527015-22_424b4.htm) |
| Yesway, Inc. — | $280M | 6.50% | — | — | Bdo USA | Latham & Watkins | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/1859836/000110465926047210/tm2527636-17_424b4.htm) |
| Elmet Group Co. — | $120M | 7.00% | $1M | $828K | Rsm US |  | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/2101698/000121390026047144/ea0270360-06.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2101698/000121390026043190/ea0270360-05.htm) |
| Lakewood-Amedex Biotherapeutics Inc. — Nasdaq Capital Market | — | — | — | — |  | Lucosky Brookman | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/2079272/000121390026047113/ea0248668-15.htm) |
| National Healthcare Properties, Inc. — Nasdaq Global Market | $462M | 6.00% | — | — | PricewaterhouseCoopers | Paul, Weiss, Rifkind, Wharton & Garrison | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/1561032/000162828026026541/nhp-424b4.htm) |
| AEVEX Corp. — New York Stock Exchange | $320M | 6.00% | $5.5M | $6.7M | PricewaterhouseCoopers | Kirkland & Ellis | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/2096300/000119312526162601/d22113d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2096300/000119312526155986/d22113ds1a.htm) |
| Fitness Champs Holdings Ltd — Nasdaq Capital Market | $5M | 5.00% | $693K | $240K | Onestop Assurance | Jun He Law Offices | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/2023796/000149315226018037/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2023796/000164117225011509/formf-1.htm) |
| Kailera Therapeutics, Inc. — Nasdaq Global Select Market | $625M | 7.00% | $3.9M | — | Ernst & Young | Latham & Watkins | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/2096997/000119312526161521/d113532d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2096997/000119312526151904/d113532ds1a.htm) |
| Alamar Biosciences, Inc. — Nasdaq Global Select Market | $191M | 7.00% | $3.33M | $1.61M |  | Cooley | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/2104204/000119312526161647/d39680d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2104204/000119312526158122/d39680ds1a.htm) |
| Arxis, Inc. — Nasdaq Global Select Market | $1.13B | 4.75% | $6M | $15M | Kpmg | Davis Polk & Wardwell | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/2093536/000119312526159369/d81728d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2093536/000119312526151122/d81728ds1a.htm) |
| Metals Royalty Co Inc. — Nasdaq Capital Market | — | — | — | — | Ernst & Young | Blake, Cassels & Graydon | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/2087398/000110465926040599/tm2526563-24_424b4.htm) |
| HMH Holding Inc — Nasdaq Global Select Market | $210M | 6.00% | — | — |  | Baker Botts | [424B4 Apr 2026](https://www.sec.gov/Archives/edgar/data/2021880/000119312526138102/d75409d424b4.htm) |
| Janus Living, Inc. — New York Stock Exchange | $840M | 6.50% | — | — | Deloitte & Touche | Latham & Watkins | [424B4 Mar 2026](https://www.sec.gov/Archives/edgar/data/2100805/000110465926032901/tm2533329-13_424b4.htm) |
| Guardian Metal Resources PLC — NYSE American | $60M | — | — | — | PKF Littlejohn | Davis Polk & Wardwell | [424B4 Mar 2026](https://www.sec.gov/Archives/edgar/data/2039972/000110465926032881/tm2532978-20_424b4.htm) |
| PayPay Corp — Nasdaq Global Select Market | $880M | 3.75% | $9.77M | $58.6M | Deloitte Touche Tohmatsu | Mori Hamada & Matsumoto | [424B4 Mar 2026](https://www.sec.gov/Archives/edgar/data/2080845/000208084526000001/d941409d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2080845/000119312526085389/d941409df1a.htm) |
| MiniMed Group, Inc. — Nasdaq Global Select Market | $560M | 4.00% | $6M | $6M | PricewaterhouseCoopers | Cleary Gottlieb Steen & Hamilton | [424B4 Mar 2026](https://www.sec.gov/Archives/edgar/data/2062583/000162828026015648/minimedgroupinc424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2062583/000162828026012865/minimedgroupincs-1a3.htm) |
| Generate Biomedicines, Inc. — Nasdaq Global Select Market | $400M | 6.50% | $3M | $1.4M | Ernst & Young | Goodwin Procter | [424B4 Feb 2026](https://www.sec.gov/Archives/edgar/data/2100782/000119312526083190/generate_bio_424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2100782/000119312526062362/ck0002100782-20260223.htm) |
| Rank One Computing Corp — Nasdaq Capital Market | $24M | 7.00% | $250K | $104K |  | Lucosky Brookman | [424B4 Feb 2026](https://www.sec.gov/Archives/edgar/data/2077709/000121390026018551/ea0277640-424b4_rankone.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2077709/000121390026007423/ea0273953-s1a4_rankone.htm) |
| Rank One Computing Corp — Nasdaq Capital Market | $24M | 7.00% | $250K | $104K |  | Lucosky Brookman | [424B4 Feb 2026](https://www.sec.gov/Archives/edgar/data/2077709/000121390026018553/ea0277640-424b4_rankone.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2077709/000121390026007423/ea0273953-s1a4_rankone.htm) |
| Bimergen Energy Corp — NYSE American | — | 1.00% | — | — | Ramirez Jimenez International CPAs (“RJI”) | Lucosky Brookman | [424B4 Feb 2026](https://www.sec.gov/Archives/edgar/data/1066764/000149315226007618/form424b4.htm) |
| ARKO Petroleum Corp. — Nasdaq Capital Market | $200M | 7.00% | $1.5M | $350K |  |  | [424B4 Feb 2026](https://www.sec.gov/Archives/edgar/data/2080921/000119312526049767/d928360d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2080921/000119312526040761/d928360ds1a.htm) |
| Jaguar Uranium Corp. — NYSE American | $25M | 7.50% | $780K | $630K | DNTW Toronto |  | [424B4 Feb 2026](https://www.sec.gov/Archives/edgar/data/2039273/000121390026014610/ea0219487-23.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2039273/000121390026010102/ea0219487-20.htm) |
| SpyGlass Pharma, Inc. — Nasdaq Global Select Market | $150M | 7.00% | $2.27M | $795K | Deloitte & Touche |  | [424B4 Feb 2026](https://www.sec.gov/Archives/edgar/data/1778922/000162828026006068/spyglass-424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1778922/000162828026004091/spyglass-sx1a.htm) |
| Agomab Therapeutics NV — Nasdaq Global Select Market | $200M | 7.00% | — | — |  | Goodwin Procter | [424B4 Feb 2026](https://www.sec.gov/Archives/edgar/data/2020932/000110465926011523/tm2415594-17_424b4.htm) |
| Eikon Therapeutics, Inc. — Nasdaq Global Select Market | $381M | 7.00% | $3M | $1.3M | PricewaterhouseCoopers | Covington & Burling | [424B4 Feb 2026](https://www.sec.gov/Archives/edgar/data/1861123/000119312526039375/d99350d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1861123/000119312526025565/d903262ds1a.htm) |
| Bob's Discount Furniture, Inc. — New York Stock Exchange | $331M | 6.25% | $4.5M | $1M |  | Ropes & Gray | [424B4 Feb 2026](https://www.sec.gov/Archives/edgar/data/2085187/000162828026005868/bobsdiscountfurnitureinc42.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2085187/000162828026003358/bobsdiscountfurnitureincs-.htm) |
| Braiin Ltd — Nasdaq Global Market | — | — | — | — | BDO Audit Pty Ltd, Level 25, 252 Pitt Street, Sydney NSW 2000 Australia |  | [424B4 Feb 2026](https://www.sec.gov/Archives/edgar/data/2076975/000149315226004786/form424b4.htm) |
| Ethos Technologies Inc. — Nasdaq Global Select Market | $200M | 6.00% | $3.65M | $1.85M | Ernst & Young | Cooley | [424B4 Jan 2026](https://www.sec.gov/Archives/edgar/data/1788451/000119312526029993/d901135d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1788451/000119312526015943/d901135ds1a.htm) |
| Public Policy Holding Company, Inc. — Nasdaq Global Market | $50.8M | 6.53% | — | — | Forvis Mazars | Fried | [424B4 Jan 2026](https://www.sec.gov/Archives/edgar/data/1903508/000162828026004024/pphc-424b4.htm) |
| Green Circle Decarbonize Technology Ltd — NYSE American | $1.5M | 7.50% | $550K | $1M |  | Conyers Dill & Pearman | [424B4 Jan 2026](https://www.sec.gov/Archives/edgar/data/1926293/000149315226002087/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1926293/000149315225025338/formf-1a.htm) |
| Medline Inc. — Nasdaq Global Select Market | $6.26B | 2.18% | — | — | Ernst & Young | Simpson Thacher & Bartlett | [424B4 Dec 2025](https://www.sec.gov/Archives/edgar/data/2046386/000119312525323742/d77351d424b4.htm) |
| Lumexa Imaging Holdings, Inc. — Nasdaq Global Select Market | $463M | — | $3.5M | $2.88M | PricewaterhouseCoopers | Sidley Austin | [424B4 Dec 2025](https://www.sec.gov/Archives/edgar/data/2071288/000119312525316455/d217676d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2071288/000119312525304460/d217676ds1a.htm) |
| JM Group Ltd — New York Stock Exchange | — | 7.00% | — | — |  |  | [424B4 Dec 2025](https://www.sec.gov/Archives/edgar/data/2049717/000121390025120247/ea0226195-17.htm) |
| Cardinal Infrastructure Group Inc. — Nasdaq Global Select Market | $242M | 7.00% | — | — |  | Willkie Farr & Gallagher | [424B4 Dec 2025](https://www.sec.gov/Archives/edgar/data/2079999/000121390025120076/ea0252162-14.htm) |
| SMJ International Holdings Inc. — NYSE American | $10M | 7.00% | $375K | $200K |  | Opal Lawyers | [424B4 Dec 2025](https://www.sec.gov/Archives/edgar/data/2070954/000121390025118072/ea0268008-424b4_smjinter.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2070954/000121390025106200/ea0263553-f1a2_smjintern.htm) |
| Central Bancompany, Inc. — Nasdaq Global Select Market | $373M | 5.50% | — | — | Kpmg | Bryan Cave Leighton Paisner | [424B4 Nov 2025](https://www.sec.gov/Archives/edgar/data/2065601/000110465925114684/tm2512009-13_424b4.htm) |
| Gloo Holdings, Inc. — Nasdaq Global Select Market | $72.8M | — | $3.8M | $390K |  |  | [424B4 Nov 2025](https://www.sec.gov/Archives/edgar/data/2069785/000119312525288305/project_grace_424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2069785/000119312525258610/ck0002069785-20251030.htm) |
| Exzeo Group, Inc. — New York Stock Exchange | $168M | 7.00% | $935K | $100K | Forvis Mazars | Foley & Lardner | [424B4 Nov 2025](https://www.sec.gov/Archives/edgar/data/1873951/000119312525267098/d28749d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1873951/000119312525240868/d28749ds1a.htm) |
| BETA Technologies, Inc. — New York Stock Exchange | $1.01B | 5.41% | $6M | — | Deloitte & Touche | Kirkland & Ellis | [424B4 Nov 2025](https://www.sec.gov/Archives/edgar/data/1784570/000119312525265029/d89594d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1784570/000119312525240285/d89594ds1a.htm) |
| BGIN BLOCKCHAIN Ltd — | $30M | 7.00% | $627K | $1.3M | Zh CPA | Dentons Rodyk & Davidson | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/1945565/000121390025101062/ea0202759-19.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1945565/000121390025087010/ea0202759-16.htm) |
| Ambitions Enterprise Management Co. L.l.c — Nasdaq Capital Market | $6M | 7.00% | $450K | $880K | Onestop Assurance | Clyde | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/2010959/000121390025100561/ea0200557-16.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2010959/000121390025070564/ea0200557-14.htm) |
| Charming Medical Ltd — Nasdaq Capital Market | $6.4M | — | — | — | Wwc | Ortoli Rosenstadt | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/2035992/000121390025100671/ea0213012-11.htm) |
| Acco Group Holdings Ltd — Nasdaq Capital Market | — | — | — | — | Onestop Assurance | Ortoli Rosenstadt | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/2038378/000121390025099963/ea0214214-19.htm) |
| Obook Holdings Inc. — Nasdaq Global Market | — | — | — | — | Kpmg | Harney Westwood & Riegels | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/2025416/000119312525240757/d800443d424b4.htm) |
| Smart Logistics Global Ltd — Nasdaq Capital Market | — | 7.00% | — | — | J&s | Loeb & Loeb | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/1987189/000189341725000019/form424b4.htm) |
| Republic Power Group Ltd — Nasdaq Capital Market | $5M | 7.00% | $510K | $287K | Friedman | Hunter Taubman Fischer & Li | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/1912884/000121390025098768/ea0231495-10.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1912884/000121390025086565/ea0231495-09.htm) |
| Aptera Motors Corp — Nasdaq Capital Market | — | — | — | — | dbbmckennon |  | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/1786471/000149315225017862/form424b4.htm) |
| LEIFRAS Co., Ltd. — Nasdaq Capital Market | $5M | 6.50% | $650K | $1M | Wwc | Loeb & Loeb | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/2030277/000182912625008019/leifras_424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2030277/000182912625004852/leifras_f1a6.htm) |
| Alliance Laundry Holdings Inc. — New York Stock Exchange | $826M | 5.75% | $6M | $1.62M | Ernst & Young | Cravath, Swaine & Moore | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/1317685/000162828025044698/alliancelaundryholdingsinc.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1317685/000162828025042998/alliancelaundryholdingsinc.htm) |
| One & one Green Technologies. INC — Nasdaq Capital Market | — | 7.00% | — | — |  | G.P. Angeles and Association Law Office | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/2034723/000121390025097758/ea0208103-13.htm) |
| POMDOCTOR Ltd — Nasdaq Global Market | $20M | — | $1.03M | $30K | Marcum Asia CPAs | Han Kun Law Offices | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/1877971/000121390025097580/ea0200019-24.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1877971/000121390025089295/ea0200019-20.htm) |
| Turn Therapeutics Inc. — Nasdaq Global Market | $208M | — | — | — | WithumSmith+Brown, PC |  | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/2023016/000110465925097840/tm2518292-14_424b4.htm) |
| CCH Holdings Ltd — Nasdaq Capital Market | — | 7.00% | — | — | ST & Partners PLT |  | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/2074123/000121390025096312/ea0245520-08.htm) |
| Fermi LLC — Nasdaq Global Select Market | $683M | 5.00% | — | — | Ernst & Young | Haynes and Boone | [424B4 Oct 2025](https://www.sec.gov/Archives/edgar/data/2071778/000121390025094424/ea0252333-11.htm) |
| Knorex Ltd. — NYSE American | $12M | 7.00% | $928K | $30K | Kreit & Chiu CPA | Harney Westwood & Riegels Singapore | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/1982960/000149315225016175/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1982960/000149315225014499/formf-1a.htm) |
| Megan Holdings Ltd. — Nasdaq Capital Market | — | 7.00% | — | — |  | Ortoli Rosenstadt | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/1995075/000121390025092167/ea0202450-26.htm) |
| Platinum Analytics Cayman Ltd — Nasdaq Capital Market | $8M | 1.00% | $479K | $145K | Aogb CPA | Drew & Napier | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/2053033/000149315225014361/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2053033/000164117225022205/formf-1a.htm) |
| Platinum Analytics Cayman Ltd — Nasdaq Capital Market | $8M | 1.00% | $479K | $145K | Aogb CPA | Drew & Napier | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/2053033/000149315225014278/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2053033/000164117225022205/formf-1a.htm) |
| WaterBridge Infrastructure LLC — New York Stock Exchange | $634M | 6.00% | $3M | $4.28M | Deloitte & Touche | Latham & Watkins | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/2064947/000119312525206805/project_gulfstream_prosp.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2064947/000119312525202719/wbi-20250915.htm) |
| Netskope Inc — Nasdaq Global Select Market | $908M | 5.00% | $1.75M | $3.2M |  |  | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/2063196/000119312525207534/netskope_424b4_sept_2025.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2063196/000119312525204285/ck0002063196-20250916.htm) |
| StubHub Holdings, Inc. — New York Stock Exchange | $800M | 5.25% | $9.5M | $5.79M | PricewaterhouseCoopers | Latham & Watkins | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/1337634/000119312525206300/d225849d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1337634/000119312525197614/d225849ds1a.htm) |
| ChowChow Cloud International Holdings Ltd — NYSE American | — | 7.00% | — | — | Assentsure | Harney Westwood & Riegels Singapore | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/2041829/000149315225013607/form424b4.htm) |
| Legence Corp. — | $728M | 5.50% | $6.5M | — | Deloitte & Touche | Kirkland & Ellis | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/2052568/000119312525202469/d833270d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2052568/000119312525193346/d833270ds1a.htm) |
| Black Rock Coffee Bar, Inc. — Nasdaq Global Market | $294M | — | $4.04M | $1.9M | Kpmg | Latham & Watkins | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/2068577/000206857725000031/blackrockcoffee-424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2068577/000206857725000013/blackrockcoffee-sx1a2.htm) |
| Hang Feng Technology Innovation Co., Ltd. — Nasdaq Capital Market | — | — | — | — | Wei, Wei | Certain legal matters as to Hong Kong law will be passed upon for us by Han Kun Law Offices | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/2060083/000121390025087229/ea0233710-12.htm) |
| Lb Pharmaceuticals Inc. — Nasdaq Global Market | $285M | 7.00% | $1.94M | $550K | Bdo USA | Cooley | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/1691082/000119312525201757/d12080d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1691082/000119312525197877/d12080ds1a.htm) |
| Klarna Group plc — New York Stock Exchange | $1.37B | — | $9.48M | $4.7M | Ernst & Young | Davis Polk & Wardwell London | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/2003292/000200329225000052/klarnagroupplc424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2003292/000200329225000036/klarnagroupplcf-1a4.htm) |
| Zenta Group Co Ltd — Nasdaq Capital Market | — | — | — | — | Wwc | Beijing Dacheng Law Offices | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/2011458/000149315225012859/form424b4.htm) |
| Fitness Champs Holdings Ltd — Nasdaq Capital Market | — | 7.00% | — | — | Onestop Assurance | TroyGould PC | [424B4 Sep 2025](https://www.sec.gov/Archives/edgar/data/2023796/000164117225026583/form424b4.htm) |
| Eastern International Ltd. — Nasdaq Capital Market | — | 7.25% | — | — | Wwc | FisherBroyles | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/2013320/000164117225025815/form424b4.htm) |
| TryHard Holdings Ltd — Nasdaq Capital Market | — | 6.50% | — | — | Wwc | Winston & Strawn | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/2044241/000149315225012451/form424b4.htm) |
| GrowHub Ltd — Nasdaq Capital Market | $15M | 7.50% | $475K | $624K |  | Harney Westwood & Riegels Singapore | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/2024114/000164117225025766/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2024114/000164117225008230/formf-1.htm) |
| Elite Express Holding Inc. — Nasdaq Capital Market | $15.2M | 7.00% | — | — | Golden Eagle CPAs | Hunter Taubman Fischer & Li | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/2053641/000110465925081662/tm2524072d1_424b4.htm) |
| Yimutian Inc. — | — | — | — | — | Assentsure | Skadden, Arps, Slate, Meagher & Flom | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/1991605/000121390025078692/ea0240415-13.htm) |
| NUSATRIP Inc — Nasdaq Capital Market | $15M | 7.00% | $100K | $107K | Onestop Assurance | Fennemore Craig PC | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/2006468/000164117225024294/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2006468/000164117225020822/forms-1a.htm) |
| BUUU Group Ltd — Nasdaq Capital Market | $6M | 7.00% | $299K | $336K | OneStop Assurance | Ortoli Rosenstadt | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/2047273/000121390025076323/ea0221100-09.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2047273/000121390025054589/ea0221100-07.htm) |
| rYojbaba Co., Ltd. — Nasdaq Capital Market | $5M | 7.00% | $230K | $130K |  | Anthony, Linder & Cacomanolis | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/2012600/000164117225024105/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2012600/000164117225009218/formf-1a.htm) |
| Miami International Holdings, Inc. — New York Stock Exchange | $345M | 7.00% | $8.52M | $500K | Kpmg | Reed Smith | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/1438472/000162828025040374/miamiinternationalholdings.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1438472/000162828025037294/miamiinternationalholdings.htm) |
| Nasus Pharma Ltd — NYSE American | $10M | 7.00% | $450K | $90K | Brightman Almagor Zohar & Co., a firm in the Deloitte Global Network | Sullivan & Worcester | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/2029039/000164117225023826/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2029039/000149315225011714/formf-1a.htm) |
| Bullish — New York Stock Exchange | — | — | — | — | Deloitte & Touche | Carey Olsen Hong Kong | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/1872195/000110465925077583/tm2421409-32_424b4.htm) |
| Magnitude International Ltd — Nasdaq Capital Market | — | 7.00% | — | — | Wwc | Alt- 6 Magnitude International | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/2046117/000164117225023166/form424b4.htm) |
| DarkIris Inc. — Nasdaq Capital Market | $6M | — | — | — | Enrome LLP, Independent Registered Public Accounting Firm | Loeb & Loeb | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/2058584/000164117225022921/form424b4.htm) |
| Etoiles Capital Group Co., Ltd — Nasdaq Capital Market | $5.6M | — | $361K | $294K | SRCO, C.P.A., Professional Corporation | Certain legal matters as to Hong Kong law will be passed upon for us by David Fong | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/2058349/000121390025073244/ea0227995-11.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2058349/000121390025049827/ea0227995-07.htm) |
| Heartflow, Inc. — Nasdaq Global Select Market | $317M | — | — | — |  | O’Melveny & Myers | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/1464521/000162828025039265/heartflowinc-424b4.htm) |
| WhiteFiber, Inc. — Nasdaq Capital Market | $159M | 7.00% | $2.41M | $372K | Audit Alliance |  | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/2042022/000121390025073279/ea0249945-07.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2042022/000121390025070709/ea0249945-04.htm) |
| CTW Cayman — Nasdaq Capital Market | $12M | — | — | — | Ycm CPA | Nishi Law Firm | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/2047148/000121390025072850/ea0229974-16.htm) |
| Shoulder Innovations, Inc. — New York Stock Exchange | $75M | 7.00% | $3M | $1.25M | Deloitte & Touche | Latham & Watkins | [424B4 Aug 2025](https://www.sec.gov/Archives/edgar/data/1699350/000162828025037109/shoulderinnovation-final42.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1699350/000162828025036019/shoulderinnovation-sx1a3.htm) |
| Figma, Inc. — New York Stock Exchange | $9.52M | — | — | — |  |  | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/1579878/000162828025037014/figma424b4.htm) |
| Ambiq Micro, Inc. — New York Stock Exchange | $96M | 7.00% | $3.7M | $1.04M | Kpmg | Cooley | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/1500412/000119312525169401/d377490d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1500412/000119312525161443/d377490ds1a.htm) |
| Accelerant Holdings — New York Stock Exchange | $724M | — | $5M | $500K | PricewaterhouseCoopers | Sidley Austin | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/1997350/000119312525164549/d543111d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1997350/000119312525161013/d543111ds1a.htm) |
| Linkhome Holdings Inc. — Nasdaq Capital Market | $6M | 7.00% | $500K | $138K | Simon & Edward |  | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/2017758/000121390025067578/ea0203553-24.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2017758/000121390024088511/ea0203553-11.htm) |
| NIQ Global Intelligence plc — New York Stock Exchange | $1.05B | 4.25% | $9.15M | $1.4M | Ernst & Young | Arthur Cox | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/2054696/000119312525163597/d906383d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2054696/000119312525162268/d906383ds1a.htm) |
| Cre8 Enterprise Ltd — Nasdaq Capital Market | $5.8M | 7.00% | $553K | $420K | Wwc | Ortoli Rosenstadt | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/2003977/000121390025066853/ea0201513-23.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2003977/000121390025009207/ea0201513-17.htm) |
| ORIENTAL RISE HOLDINGS Ltd — | $6.93M | 7.00% | $131K | — | PKF Littlejohn | The Crone Law Group | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/1964664/000121390025066812/ea0249894-424b4_oriental.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1964664/000121390025062088/ea0248215-f1a1_oriental.htm) |
| Dreamland Ltd — Nasdaq Capital Market | — | 7.00% | — | — | Taad | Nelson Mullins Riley & Scarborough | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/2041338/000164117225020588/form424b4.htm) |
| Majestic Ideal Holdings Ltd — Nasdaq Capital Market | $15M | 7.00% | $548K | $720K | Wwc | Loeb & Loeb | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/1897532/000121390025066098/ea0208037-16.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1897532/000121390025031383/ea0208037-12.htm) |
| Robot Consulting Co., Ltd. — Nasdaq Capital Market | $15M | 7.00% | — | — | Grassi & Co., CPAs | Winston & Strawn | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/2007599/000164117225020137/form424b4.htm) |
| K-tech Solutions Co Ltd — Nasdaq Capital Market | — | 7.00% | — | — | Audit Alliance | Harney Westwood & Riegels | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/2049187/000121390025064537/ea0223235-17.htm) |
| Mega Fortune Co Ltd — Nasdaq Capital Market | — | — | — | — | Wwc | The Company is being represented by Stevenson, Wong | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/2033377/000121390025064701/ea0209090-09.htm) |
| Bluemount Holdings Ltd — Nasdaq Capital Market | — | — | — | — | Aogb CPA | Ogier | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/2027815/000202781525000012/form424b.htm) |
| Delixy Holdings Ltd — Nasdaq Capital Market | — | 7.50% | — | — | Onestop Assurance | Certain matters as to Singapore law will be passed upon for us by Bird & Bird ATMD | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/2025218/000121390025062254/ea0207238-23.htm) |
| Rich Sparkle Holdings Ltd — Nasdaq Capital Market | — | — | — | — | Wei, Wei | Certain legal matters with respect to Hong Kong law will be passed upon for us by David Fong | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/2031688/000121390025062147/ea0212005-11.htm) |
| Masonglory Ltd — Nasdaq Capital Market | — | — | — | — | J&S Associate PLT | Harney Westwood & Riegels | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/2020228/000121390025062117/ea0207245-17.htm) |
| Ten-League International Holdings Ltd — Nasdaq Capital Market | $369K | 6.00% | $853K | $575K | Onestop Assurance | Morgan Lewis Stamford | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/1982012/000164117225018088/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1982012/000164117225000868/formf-1a.htm) |
| Hamco Ventures Ltd — | — | — | — | — |  | Patrizio & O’Leary | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/2039079/000175392625001066/g084857_424b4.htm) |
| CapsoVision, Inc — Nasdaq Capital Market | $27.5M | 7.00% | $1.7M | $480K | Baker Tilly US | O’Melveny & Myers | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/1378325/000119312525155088/d916440d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1378325/000119312525149285/d916440ds1a.htm) |
| Empro Group Inc. — Nasdaq Capital Market | $5.5M | 7.00% | — | — | UHY Malaysia PLT | Sichenzia Ross Ference Carmel | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/2005569/000164117225017589/form424b4.htm) |
| Grande Group Ltd/HK — Nasdaq Capital Market | $9.38M | 7.00% | $442K | $71K | Wwc | Ortoli Rosenstadt | [424B4 Jul 2025](https://www.sec.gov/Archives/edgar/data/2027722/000121390025060039/ea0206927-17.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2027722/000121390025030179/ea0206927-13.htm) |
| Julong Holding Ltd — Nasdaq Capital Market | — | 7.00% | — | — | Fortune CPA | Dentons Hong Kong | [424B4 Jun 2025](https://www.sec.gov/Archives/edgar/data/2007846/000164117225016591/form424b4.htm) |
| Kandal M Venture Ltd — Nasdaq Capital Market | $8M | 7.00% | $539K | $580K | Wwc | Legal matters as to Hong Kong law will be passed upon for us by Hastings | [424B4 Jun 2025](https://www.sec.gov/Archives/edgar/data/2024656/000121390025057878/ea0205535-19.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2024656/000121390025051718/ea0205535-17.htm) |
| Happy City Holdings Ltd — Nasdaq Capital Market | $5.5M | 7.00% | $490K | $5,000 | Aogb CPA | Ortoli Rosenstadt | [424B4 Jun 2025](https://www.sec.gov/Archives/edgar/data/2046656/000121390025056693/ea0220645-12.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2046656/000121390025036681/ea0220645-09.htm) |
| Caris Life Sciences, Inc. — Nasdaq Global Select Market | $494M | 7.00% | — | — | Ernst & Young | Latham & Watkins | [424B4 Jun 2025](https://www.sec.gov/Archives/edgar/data/2019410/000110465925060762/tm2415719-25_424b4.htm) |
| Jyong Biotech Ltd. — Nasdaq Global Market | — | — | — | — | Wwc | Olsson Frank Weeda Terman Matz PC | [424B4 Jun 2025](https://www.sec.gov/Archives/edgar/data/1954488/000121390025055414/ea0200696-25.htm) |
| Slide Insurance Holdings, Inc. — Nasdaq Global Select Market | $408M | 7.00% | $6.24M | $3.5M |  |  | [424B4 Jun 2025](https://www.sec.gov/Archives/edgar/data/1886428/000119312525142810/d739486d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1886428/000119312525137410/d739486ds1a.htm) |
| Enigmatig Ltd — NYSE American | $14.2M | 7.00% | $350K | $100K | Simon & Edward | Harney Westwood & Riegels Singapore | [424B4 Jun 2025](https://www.sec.gov/Archives/edgar/data/1982961/000164117225015535/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1982961/000164117225005939/formf-1a.htm) |
| AIRO Group Holdings, Inc. — Nasdaq Global Market | $60M | 7.00% | $3.2M | — |  | Cooley | [424B4 Jun 2025](https://www.sec.gov/Archives/edgar/data/1927958/000164117225015147/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1927958/000164117225011785/forms-1a.htm) |
| Vantage Corp — NYSE American | $13M | 7.50% | $392K | $339K |  | Harney Westwood & Riegels Singapore | [424B4 Jun 2025](https://www.sec.gov/Archives/edgar/data/2027160/000164117225014929/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2027160/000164117225005175/formf-1a.htm) |
| Chime Financial, Inc. — Nasdaq Global Select Market | $864M | 5.25% | $5.5M | $4M |  |  | [424B4 Jun 2025](https://www.sec.gov/Archives/edgar/data/1795586/000162828025030855/chimefinancialinc-finalpro.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1795586/000162828025028733/chimefinancialinc-sx1a.htm) |
| Voyager Technologies, Inc./DE — New York Stock Exchange | $383M | 7.00% | $5M | $1.9M | PricewaterhouseCoopers | Latham & Watkins | [424B4 Jun 2025](https://www.sec.gov/Archives/edgar/data/1788060/000162828025030832/voyager-424b4finalprospect.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1788060/000162828025029524/voyager-sx1a2.htm) |
| 707 Cayman Holdings Ltd. — Nasdaq Capital Market | — | — | — | — | ARK Pro CPA | Legal matters as to Hong Kong law will be passed upon for us by Neo Solicitors | [424B4 Jun 2025](https://www.sec.gov/Archives/edgar/data/2018222/000164117225014455/form424b4.htm) |
| Omada Health, Inc. — Nasdaq Global Select Market | $150M | — | $3.46M | $1.85M | Deloitte & Touche | Latham & Watkins | [424B4 Jun 2025](https://www.sec.gov/Archives/edgar/data/1611115/000119312525137394/d785770d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1611115/000119312525129904/d785770ds1a.htm) |
| Pitanium Ltd — Nasdaq Capital Market | $7M | 7.00% | $361K | $442K | Enrome | Loeb & Loeb | [424B4 May 2025](https://www.sec.gov/Archives/edgar/data/2046573/000164117225012990/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2046573/000164117225008994/formf-1a.htm) |
| Fast Track Group — Nasdaq Capital Market | $15M | 7.50% | $435K | $212K |  | Rajah & Tann Singapore | [424B4 May 2025](https://www.sec.gov/Archives/edgar/data/2027262/000164117225012221/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2027262/000164117225004569/formf-1.htm) |
| OFA Group — Nasdaq Capital Market | — | — | — | — | M&k Cpas |  | [424B4 May 2025](https://www.sec.gov/Archives/edgar/data/2036307/000164117225011844/form424b4.htm) |
| eToro Group Ltd. — Nasdaq Global Select Market | $310M | 6.00% | $3.5M | $1.5M | Kost Forer Gabbay& Kasierer, a Member of EY Global | Skadden, Arps, Slate, Meagher & Flom | [424B4 May 2025](https://www.sec.gov/Archives/edgar/data/1493318/000121390025043558/ea0223534-12.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1493318/000121390025039451/ea0223534-11.htm) |
| Arrive AI Inc. — Nasdaq Global Market | — | — | — | — |  | Lucosky Brookman | [424B4 May 2025](https://www.sec.gov/Archives/edgar/data/1818274/000164117225010892/form424b4.htm) |
| Antalpha Platform Holding Co — | $49.3M | 3.00% | $2.78M | $780K | Wwc |  | [424B4 May 2025](https://www.sec.gov/Archives/edgar/data/2044255/000119312525120412/d849162d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2044255/000119312525113294/d849162df1a.htm) |
| OMS Energy Technologies Inc. — Nasdaq Capital Market | — | 7.50% | — | — | Marcum Asia CPAs | Certain legal matters will be passed upon for the underwriters by K&L Gates | [424B4 May 2025](https://www.sec.gov/Archives/edgar/data/2012219/000121390025042797/ea0200016-30.htm) |
| American Integrity Insurance Group, Inc. — New York Stock Exchange | $110M | 7.00% | — | — | Forvis Mazars | Haynes and Boone | [424B4 May 2025](https://www.sec.gov/Archives/edgar/data/2007587/000119312525115969/d63061d424b4.htm) |
| Aspen Insurance Holdings Ltd — New York Stock Exchange | $398M | 5.75% | $5.51M | $1.88M | Ernst & Young | Sidley Austin | [424B4 May 2025](https://www.sec.gov/Archives/edgar/data/1267395/000162828025023859/aspen424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1267395/000162828025020463/ahl-20250429.htm) |
| Smart Digital Group Ltd — Nasdaq Capital Market | — | 7.00% | — | — | Enrome | Bird & Bird ATMD | [424B4 May 2025](https://www.sec.gov/Archives/edgar/data/2014955/000121390025039463/ea020341216-424b4_smart.htm) |
| Yuanbao Inc. — | $30M | — | $1.19M | $384K | PricewaterhouseCoopers | Han Kun Law Offices and for the underwriters by JunHe | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/1995520/000119312525107431/d425047d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1995520/000119312525092670/d425047df1a.htm) |
| Phoenix Asia Holdings Ltd — Nasdaq Capital Market | — | — | — | — | ARK Pro CPA | David Fong | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/2035709/000164117225006131/form424b4.htm) |
| Concorde International Group Ltd. — Nasdaq Capital Market | $5M | 7.50% | $350K | $558K | Kreit & Chiu CPA | Bevilacqua | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/2001794/000121390025033795/ea0238904-424b4_concorde.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2001794/000121390024109747/ea0224735-f1a4_concorde.htm) |
| TMD Energy Ltd — NYSE American | $10.1M | 8.49% | $680K | $1.08M | J&S Associates PLT | Ogier | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/2009714/000164117225005493/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2009714/000149315225008430/formf-1a.htm) |
| Pinnacle Food Group Ltd — Nasdaq Capital Market | — | 7.50% | — | — | Zh CPA | Conyers Dill & Pearman | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/2032755/000121390025033838/ea0211833-13.htm) |
| Chagee Holdings Ltd. — Nasdaq Global Select Market | $411M | — | — | — | Kpmg | Davis Polk & Wardwell | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/2013649/000110465925036228/tm246985-42_424b4.htm) |
| Everbright Digital Holding Ltd. — Nasdaq Capital Market | — | 7.50% | — | — | OneStop Assurance | Ortoli Rosenstadt | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/2024876/000121390025032897/ea0208475-17.htm) |
| Haoxin Holdings Ltd — Nasdaq Capital Market | — | 7.50% | — | — | Marcum Asia CPAs | Ortoli Rosenstadt | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/1936817/000121390025032325/ea0238263-424b4_haoxin.htm) |
| Aether Holdings, Inc. — Nasdaq Capital Market | $7.74M | 7.00% | $200K | $200K |  |  | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/2026353/000164117225003724/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2026353/000164117225003242/forms-1a.htm) |
| iOThree Ltd — Nasdaq Capital Market | — | 7.00% | — | — | Audit Alliance | Rajah & Tann Singapore | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/1997637/000121390025030667/ea0200830-14.htm) |
| Masterbeef Group — | — | — | — | — | Onestop Assurance | Appleby | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/2027265/000164117225003665/form424b4.htm) |
| Cuprina Holdings — Nasdaq Capital Market | $12M | 7.50% | $592K | $443K | Kreit & Chiu CPA | Harney Westwood & Riegels Singapore | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/1995704/000164117225003511/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1995704/000149315225004913/formf-1a.htm) |
| Ruanyun Edai Technology Inc. — Nasdaq Capital Market | — | 7.00% | — | — | Audit Alliance | Quality Law Services | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/1873454/000173112225000554/e6507_424b4.htm) |
| Fatpipe Inc/UT — Nasdaq Capital Market | $4M | 6.43% | $150K | — |  | Sichenzia Ross Ference Carmel | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/1993400/000164117225003434/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1993400/000149315225005047/forms-1a.htm) |
| BeLive Holdings — Nasdaq Capital Market | — | 7.00% | — | — | Onestop Assurance | The underwriters are being represented by Lucosky Brookman | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/1982448/000164117225002909/form424b4.htm) |
| BeLive Holdings — Nasdaq Capital Market | — | — | — | — | Onestop Assurance | Schlueter & Associates | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/1982448/000164117225002910/form424b4.htm) |
| Fatpipe Inc/UT — Nasdaq Capital Market | $4M | 6.43% | $150K | — |  | Sichenzia Ross Ference Carmel | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/1993400/000164117225003009/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1993400/000149315225005047/forms-1a.htm) |
| Lianhe Sowell International Group Ltd — Nasdaq Capital Market | — | — | — | — | Wwc | Robinson & Cole | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/2004024/000121390025028729/ea0200138-18.htm) |
| SmartStop Self Storage REIT, Inc. — New York Stock Exchange | $810M | 6.00% | — | — | Bdo USA | Nelson Mullins Riley & Scarborough | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/1585389/000119312525071444/d860878d424b4.htm) |
| Waton Financial Ltd — Nasdaq Capital Market | — | — | — | — | Uhy | Hunter Taubman Fischer & Li | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/1987363/000114036125011710/ny20017183x17_424b4.htm) |
| Top Win International Ltd — Nasdaq Capital Market | — | 7.00% | — | — | Marcum Asia CPAs | Ortoli Rosenstadt | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/2033515/000121390025028000/ea0210397-13.htm) |
| Energys Group Ltd — Nasdaq Capital Market | $11.6M | 7.00% | — | — | Wwc, Pc | Schlueter & Associates | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/1971828/000164117225002260/form424b4.htm) |
| Top Win International Ltd — Nasdaq Capital Market | — | — | — | — | Marcum Asia CPAs | Ortoli Rosenstadt | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/2033515/000121390025028008/ea0210397-14.htm) |
| WF International Ltd. — Nasdaq Capital Market | — | — | — | — | Zh CPA | Yuan Tai Law Offices | [424B4 Apr 2025](https://www.sec.gov/Archives/edgar/data/1979610/000173112225000505/e6474_424b4.htm) |
| WF Holding Ltd — Nasdaq Capital Market | $8M | 7.50% | $349K | $355K | Onestop Assurance | Bevilacqua | [424B4 Mar 2025](https://www.sec.gov/Archives/edgar/data/1980210/000101376225003577/ea0235917-424b4_wfholding.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1980210/000121390025012113/ea0230123-f1a4_wfholding.htm) |
| Intercont — Nasdaq Capital Market | — | — | — | — |  | Lawrence Chan | [424B4 Mar 2025](https://www.sec.gov/Archives/edgar/data/2018529/000101376225004259/ea0201967-16.htm) |
| Epsium Enterprise Ltd — | — | — | — | — | Taad | Ogier | [424B4 Mar 2025](https://www.sec.gov/Archives/edgar/data/1883437/000101376225002307/ea023300702-424b4_epsium.htm) |
| Epsium Enterprise Ltd — Nasdaq Capital Market | — | — | — | — | Taad | iTKG Law | [424B4 Mar 2025](https://www.sec.gov/Archives/edgar/data/1883437/000101376225002304/ea023300701-424b4_epsium.htm) |
| Neonc Technologies Holdings, Inc. — Nasdaq Global Market | — | — | — | — | Marcum | Manatt, Phelps & Phillips | [424B4 Mar 2025](https://www.sec.gov/Archives/edgar/data/1979414/000182912625002051/neonctechnologies_424b4.htm) |
| Logprostyle Inc. — NYSE American | $10M | 8.00% | — | — | Bush & Associates CPA LLC (“Bush & Associates”) | Anthony, Linder & Cacomanolis | [424B4 Mar 2025](https://www.sec.gov/Archives/edgar/data/2040290/000164117225000557/form424b4.htm) |
| Baiya International Group Inc. — Nasdaq Capital Market | — | — | — | — | Kreit & Chiu CPA |  | [424B4 Mar 2025](https://www.sec.gov/Archives/edgar/data/1944712/000101376225001683/ea0200053-11.htm) |
| RedCloud Holdings plc — Nasdaq Capital Market | $20M | 6.89% | $1.95M | $1.12M | Turner Stone | Taylor Wessing | [424B4 Mar 2025](https://www.sec.gov/Archives/edgar/data/2027360/000164117225000222/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2027360/000149315225008413/formf-1a.htm) |
| Micropolis Holding Co — NYSE American | $15.5M | 7.00% | $450K | $536K |  | Pinsent Masons | [424B4 Mar 2025](https://www.sec.gov/Archives/edgar/data/1993431/000121390025022083/ea0212238-11.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1993431/000121390025011180/ea0212238-09.htm) |
| SAGTEC GLOBAL Ltd — Nasdaq Capital Market | — | 7.00% | — | — | Onestop Assurance |  | [424B4 Mar 2025](https://www.sec.gov/Archives/edgar/data/2029138/000121390025021563/ea0211571-11.htm) |
| Advanced Biomed Inc. — Nasdaq Capital Market | — | 7.50% | — | — | Wwc | Fennemore Craig | [424B4 Mar 2025](https://www.sec.gov/Archives/edgar/data/1941029/000157587225000219/advb037_424b4.htm) |
| Kestra Medical Technologies, Ltd. — Nasdaq Global Select Market | $202M | 7.12% | $2.4M | $1.4M |  | Kirkland & Ellis | [424B4 Mar 2025](https://www.sec.gov/Archives/edgar/data/1877184/000119312525048462/d744414d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1877184/000119312525035754/d744414ds1a.htm) |
| Skycorp Solar Group Ltd — Nasdaq Capital Market | — | — | — | — | Pan -China Singapore | Certain legal matters as to PRC law will be passed upon for us by Jiangsu Junjin Law Firm | [424B4 Mar 2025](https://www.sec.gov/Archives/edgar/data/2001288/000121390025019949/ea0207046-12.htm) |
| Webus International Ltd. — Nasdaq Capital Market | $60M | — | — | — | Marcum Asia CPAs |  | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/1941158/000157587225000188/vc071_424b4.htm) |
| Luda Technology Group Ltd — NYSE American | $10M | 7.00% | $465K | $813K | Zh CPA | Certain legal matters as to PRC law will be passed upon for us by China Commercial Law Firm | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/1984124/000121390025017858/ea0220044-08.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1984124/000121390025003366/ea0220044-05.htm) |
| LZ Technology Holdings Ltd — Nasdaq Capital Market | — | — | — | — | Marcum Asia CPAs | Bevilacqua | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/1967397/000121390025017977/ea023188301-424b4_lztech.htm) |
| STAK Inc. — Nasdaq Capital Market | — | — | — | — | HTL International | Ellenoff Grossman & Schole | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/2002453/000149315225008310/form424b4.htm) |
| Basel Medical Group Ltd — Nasdaq Capital Market | — | 7.00% | — | — | Onestop Assurance | Certain legal matters as to Singapore law will be passed upon for us by Bayfront Law | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/2004489/000149315225008234/form424b4.htm) |
| Basel Medical Group Ltd — | — | — | — | — | Onestop Assurance | Certain legal matters as to Singapore law will be passed upon for us by Bayfront Law | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/2004489/000149315225008235/form424b4.htm) |
| Anbio Biotechnology — Nasdaq Global Market | $8M | 7.00% | $663K | $753K | Ycm CPA |  | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/1982708/000121390025015001/ea0200357-15.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1982708/000121390025002551/ea0200357-11.htm) |
| Northpointe Bancshares Inc. — New York Stock Exchange | $151M | 6.50% | — | — |  | Alston & Bird | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/1336706/000110465925014328/tm2430447-12_424b4.htm) |
| SailPoint, Inc. — Nasdaq Global Select Market | — | — | — | — | Ernst & Young | Kirkland & Ellis | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/2030781/000119312525026566/d906470d424b4.htm) |
| Karman Holdings Inc. — New York Stock Exchange | $506M | 6.50% | $5M | $3.73M | Moss Adams | Willkie Farr & Gallagher | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/2040127/000119312525026168/d882184d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2040127/000119312525023079/d882184ds1a.htm) |
| Aardvark Therapeutics, Inc. — Nasdaq Global Select Market | $94.2M | — | $2.5M | $765K | Bdo USA |  | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/1774857/000119312525026060/d882459d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1774857/000119312525021764/d882459ds1a.htm) |
| Sionna Therapeutics, Inc. — Nasdaq Global Market | $191M | 7.00% | $2.2M | $1.1M | Deloitte & Touche | Goodwin Procter | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/2036042/000119312525022709/d882384d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2036042/000119312525018825/d882384ds1a.htm) |
| EPWK Holdings Ltd. — Nasdaq Global Market | — | — | — | — |  |  | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/1900720/000157587225000132/vc060_424b4.htm) |
| FBS Global Ltd — | — | 7.00% | — | — | Marcum Asia CPAs LLP (“Marcum”) |  | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/1938534/000149315225005122/form424b4.htm) |
| EPWK Holdings Ltd. — Nasdaq Global Market | $11.3M | 8.00% | — | — |  | VCL Law | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/1900720/000157587225000131/vc059_424b4.htm) |
| Plutus Financial Group Ltd — Nasdaq Capital Market | — | — | — | — | Wwc | Harney Westwood & Riegels | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/1933021/000149315225005111/form424b4.htm) |
| Huachen AI Parking Management Technology Holding Co., Ltd — Nasdaq Capital Market | — | — | — | — | Audit Alliance | Ortoli Rosenstadt | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/1958399/000121390025010702/ea0230031-424b4_huachenai.htm) |
| Plutus Financial Group Ltd — Nasdaq Capital Market | — | — | — | — | Wwc | The Crone Law Group | [424B4 Feb 2025](https://www.sec.gov/Archives/edgar/data/1933021/000149315225005069/form424b4.htm) |
| Cloudastructure, Inc. — Nasdaq Capital Market | — | — | — | — | Bush & Associates CPA |  | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/1709628/000168316825000623/cloudastructure_424b4.htm) |
| Metsera, Inc. — Nasdaq Global Select Market | $275M | 7.00% | $2.6M | — | Ernst & Young | Latham & Watkins | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/2040807/000119312525018405/d900229d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2040807/000119312525012756/d900229ds1a.htm) |
| Beta Bionics, Inc. — Nasdaq Global Market | $204M | 7.00% | $3.1M | — |  | Cooley | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/1674632/000119312525017676/d880651d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1674632/000119312525013987/d880651ds1a.htm) |
| Skyline Builders Group Holding Ltd — Nasdaq Capital Market | $6M | — | $320K | $24K |  | David Fong | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/2031009/000121390025006549/ea0209851-11.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2031009/000121390024110071/ea0209851-08.htm) |
| Ascentage Pharma Group International — Nasdaq Global Market | $126M | — | — | — | Ernst & Young | JunHe | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/2023311/000110465925006029/tm2415654-19_424b4.htm) |
| Diginex Ltd — | — | — | — | — | Uhy | Robinson & Cole | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/2010499/000149315225003427/form424b4.htm) |
| CTRL GROUP Ltd — Nasdaq Capital Market | — | — | — | — | Kreit & Chiu CPA | The Crone Law Group | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/1969928/000121390025005354/ea0201511-12.htm) |
| Decent Holding Inc. — Nasdaq Capital Market | — | — | — | — | Wwc | Ortoli Rosenstadt | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/1958133/000121390025005235/ea0200810-13.htm) |
| Flowco Holdings Inc. — New York Stock Exchange | $427M | 6.00% | $3.4M | $3.01M | PricewaterhouseCoopers | Sidley Austin | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/2035149/000119312525007794/d808403d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2035149/000119312525004914/d808403ds1a.htm) |
| WF International Ltd. — Nasdaq Capital Market | — | — | — | — | Zh CPA | Yuan Tai Law Offices | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/1979610/000173112225000084/e6288_424b4.htm) |
| PicoCELA Inc. — Nasdaq Capital Market | $7M | 8.50% | $687K | $747K | Taad | Winston & Strawn | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/2018462/000149315225002379/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2018462/000149315224047979/formf-1a.htm) |
| Hong Kong Pharma Digital Technology Holdings Ltd — Nasdaq Capital Market | $25.4M | — | $248K | $145K | Onestop Assurance | Bevilacqua | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/2007702/000121390025003870/ea0227659-424b4_hongkong.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2007702/000121390024107282/ea0223556-f1a3_hongkong.htm) |
| Uni-Fuels Holdings Ltd — Nasdaq Capital Market | $8.4M | 7.00% | $617K | $67K |  | Shook Lin & Bok | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/2021688/000149315225002060/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2021688/000149315224052227/formf-1a.htm) |
| 3 E Network Technology Group Ltd — Nasdaq Capital Market | $5M | — | $688K | — |  | Gunderson Dettmer Stough Villeneuve Franklin & Hachigian | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/1993097/000121390025002376/ea0207717-09.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1993097/000121390024108838/ea0207717-06.htm) |
| Mint Inc Ltd — Nasdaq Capital Market | $7M | 7.00% | $523K | $288K | Wwc | Ortoli Rosenstadt | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/1998560/000121390025002315/ea0201201-11.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1998560/000121390024099473/ea0201201-09.htm) |
| Zhengye Biotechnology Holding Ltd — | — | — | — | — | Wwc | Guantao Law Firm | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/1975641/000121390025001670/ea0202845-09.htm) |
| INLIF Ltd — | — | 7.00% | — | — | Onestop Assurance | iTKG Law | [424B4 Jan 2025](https://www.sec.gov/Archives/edgar/data/1991592/000121390024114202/ea0200353-11.htm) |
| Park Ha Biological Technology Co., Ltd. — Nasdaq Capital Market | — | 7.00% | — | — | Wwc | Ortoli Rosenstadt | [424B4 Dec 2024](https://www.sec.gov/Archives/edgar/data/1986247/000121390024113086/ea0204138-14.htm) |
| Health In Tech, Inc. — Nasdaq Capital Market | $9.2M | 8.00% | $690K | $1.29M | Malone Bailey |  | [424B4 Dec 2024](https://www.sec.gov/Archives/edgar/data/2019505/000121390024111564/ea0200040-19.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2019505/000121390024099792/ea0200040-16.htm) |
| Youxin Technology Ltd — Nasdaq Capital Market | $10.4M | — | — | — |  | Kaufman & Canoles | [424B4 Dec 2024](https://www.sec.gov/Archives/edgar/data/1964946/000149315224051790/form424b4.htm) |
| Leishen Energy Holding Co., Ltd. — Nasdaq Capital Market | — | — | — | — | Wei, Wei | Campbells | [424B4 Dec 2024](https://www.sec.gov/Archives/edgar/data/1985139/000149315224050874/form424b4.htm) |
| New Century Logistics — Nasdaq Capital Market | — | 7.50% | — | — | Zh CPA | Sichenzia Ross Ference Carmel | [424B4 Dec 2024](https://www.sec.gov/Archives/edgar/data/1968043/000149315224050584/form424b4.htm) |
| YSX Tech Co., Ltd — Nasdaq Capital Market | $5M | 6.50% | $537K | $206K | Simon & Edward | Beijing Jingsh Law Firm | [424B4 Dec 2024](https://www.sec.gov/Archives/edgar/data/1993463/000110465924129824/tm2330896d16_424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1993463/000110465924097327/tm2330896d13_f1a.htm) |
| New Century Logistics — Nasdaq Capital Market | — | 7.50% | — | — | Zh CPA | Sichenzia Ross Ference Carmel | [424B4 Dec 2024](https://www.sec.gov/Archives/edgar/data/1968043/000149315224050586/form424b4.htm) |
| NetClass Technology Inc — Nasdaq Capital Market | — | 7.50% | — | — | Marcum Asia CPAs | Ortoli Rosenstadt | [424B4 Dec 2024](https://www.sec.gov/Archives/edgar/data/1927578/000110465924128487/tm2416562d9_424b4.htm) |
| Anteris Technologies Global Corp. — Nasdaq Global Market | $88.8M | 7.00% | — | — | Kpmg |  | [424B4 Dec 2024](https://www.sec.gov/Archives/edgar/data/2011514/000110465924128451/tm245520-26_424b4.htm) |
| NetClass Technology Inc — Nasdaq Capital Market | — | 7.50% | — | — | Marcum Asia CPAs | Harney Westwood & Riegels | [424B4 Dec 2024](https://www.sec.gov/Archives/edgar/data/1927578/000110465924128522/tm2416562d10_424b4.htm) |
| ServiceTitan, Inc. — Nasdaq Global Select Market | $625M | 5.50% | $3M | $1.65M | PricewaterhouseCoopers |  | [424B4 Dec 2024](https://www.sec.gov/Archives/edgar/data/1638826/000119312524277099/d577298d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1638826/000119312524273906/d577298ds1a.htm) |
| zSpace, Inc. — Nasdaq Global Market | $9.38M | 7.00% | — | — | Bdo USA | Pryor Cashman | [424B4 Dec 2024](https://www.sec.gov/Archives/edgar/data/1637147/000110465924125986/tm244059-38_424b4.htm) |
| Jinxin Technology Holding Co — Nasdaq Capital Market | $5M | — | $1.77M | $728K | WWC Professional Corporation | Kirkland & Ellis International | [424B4 Dec 2024](https://www.sec.gov/Archives/edgar/data/1967631/000121390024106418/ea0200131-21.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1967631/000121390024077600/ea0200131-12.htm) |
| Linkers Industries Ltd — Nasdaq Capital Market | $7.6M | 7.00% | — | — | Wwc | Legal matters as to Hong Kong law will be passed upon for us by Hastings | [424B4 Dec 2024](https://www.sec.gov/Archives/edgar/data/1972074/000121390024105821/ea0206763-11.htm) |
| Rectitude Holdings Ltd. — Nasdaq Capital Market | — | — | — | — | Wwc | Rajah & Tann Singapore | [424B4 Nov 2024](https://www.sec.gov/Archives/edgar/data/1995116/000121390024103728/ea0222844-424b4_rectitude.htm) |
| Brazil Potash Corp. — NYSE American | $30M | 6.00% | $3.9M | — |  | Wildeboer Dellelce | [424B4 Nov 2024](https://www.sec.gov/Archives/edgar/data/1472326/000119312524267256/d303049d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1472326/000119312524264690/d303049df1a.htm) |
| Pony AI Inc. — Nasdaq Global Select Market | $260M | — | — | — | Deloitte Touche Tohmatsu Certified Public Accountants | Davis Polk & Wardwell | [424B4 Nov 2024](https://www.sec.gov/Archives/edgar/data/1969302/000110465924123680/tm2310344-35_424b4.htm) |
| BrilliA Inc — NYSE American | $10M | 7.00% | $360K | $575K | Taad | Ali Budiardjo | [424B4 Nov 2024](https://www.sec.gov/Archives/edgar/data/2000230/000121390024103340/ea0200081-19.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2000230/000121390024087852/ea0200081-17.htm) |
| Wing Yip Food Holdings Group Ltd — Nasdaq Capital Market | $8.2M | — | $950K | $500K | Audit Alliance | Hunter Taubman Fischer & Li | [424B4 Nov 2024](https://www.sec.gov/Archives/edgar/data/1999860/000121390024102922/ea0200046-20.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1999860/000121390024076881/ea0200046-14.htm) |
| Heritage Distilling Holding Company, Inc. — | $6.75M | 8.00% | $1.02M | $250K | Marcum |  | [424B4 Nov 2024](https://www.sec.gov/Archives/edgar/data/1788230/000121390024101775/ea0200109-14.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1788230/000121390024095822/ea0200109-11.htm) |
| Ming Shing Group Holdings Ltd — | — | 7.50% | — | — |  | Nauth LPC | [424B4 Nov 2024](https://www.sec.gov/Archives/edgar/data/1956166/000149315224047225/form424b4.htm) |
| Medicus Pharma Ltd. — Nasdaq Capital Market | $4M | 7.49% | $500K | $100K |  | Bennett Jones | [424B4 Nov 2024](https://www.sec.gov/Archives/edgar/data/1997296/000106299324019175/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1997296/000106299324018174/formf1a.htm) |
| Invizyne Technologies Inc — Nasdaq Capital Market | $15 | — | $200K | $226K | Rbsm | Golenbock Eiseman Assor Bell & Peskoe | [424B4 Nov 2024](https://www.sec.gov/Archives/edgar/data/2010788/000149315224044801/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2010788/000149315224041726/forms-1a.htm) |
| Invizyne Technologies Inc — Nasdaq Capital Market | — | — | — | — | Rbsm | Golenbock Eiseman Assor Bell & Peskoe | [424B4 Nov 2024](https://www.sec.gov/Archives/edgar/data/2010788/000149315224044803/form424b4.htm) |
| Polyrizon Ltd. — Nasdaq Capital Market | $4.2M | 7.99% | $150K | $30K | Brightman Almagor Zohar & Co., a member firm in the Deloitte global network | federal law will be passed upon for us by Greenberg Traurig, P.A | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1893645/000121390024091966/ea021895001-424b4_polyrizon.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1893645/000121390024084706/ea0216243-f1a12_polyrizonltd.htm) |
| Polyrizon Ltd. — Nasdaq Capital Market | $4.2M | — | $150K | $30K | Brightman Almagor Zohar & Co., a member firm in the Deloitte global network | federal law will be passed upon for us by Greenberg Traurig, P.A | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1893645/000121390024091968/ea021895002-424b4_polyrizon.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1893645/000121390024084706/ea0216243-f1a12_polyrizonltd.htm) |
| WeRide Inc. — | $120M | — | $3.05M | $2.18M | Kpmg | Certain legal matters as to PRC law will be passed upon for us by Commerce & Finance Law Offices | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1867729/000119312524243435/d343706d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1867729/000119312524239997/d343706df1a.htm) |
| High Roller Technologies, Inc. — NYSE American | $10M | 7.00% | $690K | $240K | WithumSmith+Brown, PC | Law Offices of Aaron A. Grunfeld & Associates, Beverly Hills, California. Loeb & Loeb | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1947210/000175392624001757/g084502_424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1947210/000175392624001649/g084457_s1a.htm) |
| Synergy CHC Corp. — Nasdaq Global Market | $10.4M | 7.00% | $400K | $75K | Rbsm | Nelson Mullins Riley & Scarborough | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1562733/000121390024089987/ea0208324-14.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1562733/000121390024087398/ea0208324-12.htm) |
| HUHUTECH International Group Inc. — Nasdaq Capital Market | — | 7.50% | — | — | Wei, Wei | Ortoli Rosenstadt | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1945415/000121390024089418/ea0206594-11.htm) |
| Li Bang International Corp Inc. — Nasdaq Capital Market | — | 7.50% | — | — | Wei, Wei | Ortoli Rosenstadt | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1896425/000121390024089686/ea0218085-424b4_libang.htm) |
| Gelteq Ltd — Nasdaq Capital Market | — | 7.00% | — | — | UHY Haines Norton, Sydney | Vistra Australia Legal Services Pty | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1920092/000121390024089716/ea0209219-07.htm) |
| Founder Group Ltd — Nasdaq Capital Market | $4.88M | 7.00% | — | — | JP Centurion & Partners PLT | Sichenzia Ross Ference Carmel | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1989930/000121390024089650/ea0200114-11.htm) |
| SAG Holdings Ltd — Nasdaq Capital Market | — | 8.00% | — | — | Audit Alliance | Conyers Dill & Pearman | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1933951/000149315224042099/form424b4.htm) |
| Springview Holdings Ltd — Nasdaq Capital Market | $6M | 7.00% | $380K | $50K | Marcum Asia CPAs | Olshan Frome Wolosky | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/2002236/000121390024088292/ea0201033-09.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2002236/000121390024066076/ea0201033-05.htm) |
| ORIENTAL RISE HOLDINGS Ltd — Nasdaq Capital Market | — | — | — | — | PKF Littlejohn | The Crone Law Group | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1964664/000121390024088565/ea0217860-424b4_oriental.htm) |
| PTL Ltd — Nasdaq Capital Market | — | 7.00% | — | — | J&S Associate PLT | Ortoli Rosenstadt | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/2016337/000121390024088032/ea0216665-424b4_ptllimited.htm) |
| SAMFINE CREATION HOLDINGS GROUP Ltd — Nasdaq Capital Market | — | 7.00% | — | — | Wwc | Alt-6 Table of Contents Samfine Creation Holdings Group | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1926792/000121390024087863/ea0200200-09.htm) |
| Star Fashion Culture Holdings Ltd — Nasdaq Capital Market | $8.6M | 7.00% | — | — | Enrome LLP, Independent Registered Public Accounting Firm | Loeb & Loeb | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/2003061/000121390024087668/ea0200377-19.htm) |
| Ceribell, Inc. — Nasdaq Global Select Market | $180M | 7.00% | $2.6M | $1.1M |  | Latham & Watkins | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1861107/000095017024114320/ceribell_424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1861107/000095017024113629/ceribell_s-1_amendment_3.htm) |
| Upstream Bio, Inc. — Nasdaq Global Select Market | $255M | 7.00% | $1.84M | $800K |  | Goodwin Procter | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/2022626/000119312524236714/d843142d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2022626/000119312524233296/d843142ds1a.htm) |
| Chain Bridge Bancorp Inc. — New York Stock Exchange | $40.7M | 7.00% | — | — | Yount, Hyde & Barbour | Sullivan & Cromwell | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1392272/000119312524233337/d807354d424b4.htm) |
| BingEx Ltd — | $66M | — | $2.6M | $2.15M |  | Han Kun Law Offices | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1858724/000119312524232593/d439608d424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1858724/000119312524227774/d439608df1a.htm) |
| FrontView REIT, Inc. — | $251M | 6.75% | — | — | Kpmg | Fried, Frank, Harris, Shriver & Jacobson | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1988494/000114036124042577/ny20036129x12_424b4.htm) |
| Wellchange Holdings Co Ltd — Nasdaq Capital Market | — | — | — | — | Wwc | Khoo | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/1990251/000121390024084652/ea0201626-09.htm) |
| HomesToLife Ltd — Nasdaq Capital Market | $5M | — | $746K | $511K | Audit Alliance | Ogier | [424B4 Oct 2024](https://www.sec.gov/Archives/edgar/data/2023153/000149315224038954/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/2023153/000149315224037224/formf-1a.htm) |
| ZJK Industrial Co., Ltd. — Nasdaq Capital Market | — | — | — | — | TPS Thayer | Robinson & Cole | [424B4 Sep 2024](https://www.sec.gov/Archives/edgar/data/1941506/000173112224001512/e5994_424b4.htm) |
| ZenaTech, Inc. — Nasdaq Capital Market | — | — | — | — | Bansal |  | [424B4 Sep 2024](https://www.sec.gov/Archives/edgar/data/1997403/000137647424000565/zt_424b4.htm) |
| Legacy Education Inc. — NYSE American | $10M | 7.00% | $750K | $50K |  | Sheppard, Mullin, Richter & Hampton | [424B4 Sep 2024](https://www.sec.gov/Archives/edgar/data/1836754/000149315224038419/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1836754/000149315224037633/forms-1a.htm) |
| BKV Corp — New York Stock Exchange | — | — | — | — | PricewaterhouseCoopers | Baker Botts | [424B4 Sep 2024](https://www.sec.gov/Archives/edgar/data/1838406/000110465924103216/tm2217921-58_424b4.htm) |
| Innovation Beverage Group Ltd — Nasdaq Capital Market | $5.4M | 7.00% | $125K | $75K |  | Sichenzia Ross Ference Carmel | [424B4 Sep 2024](https://www.sec.gov/Archives/edgar/data/1924482/000173112224001503/e5988_424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1924482/000173112224001257/e5877_f-1a28.htm) |
| Global Engine Group Holding Ltd — Nasdaq Capital Market | — | 7.00% | — | — |  | Messina Madrid Law P.A | [424B4 Sep 2024](https://www.sec.gov/Archives/edgar/data/1908705/000121390024080860/ea0215262-424b4_global.htm) |
| Kairos Pharma, LTD. — NYSE American | $6.2M | 7.00% | $400K | $200K | Marcum | Dorsey & Whitney | [424B4 Sep 2024](https://www.sec.gov/Archives/edgar/data/1962011/000149315224036474/form424b4.htm) [S-1 costs](https://www.sec.gov/Archives/edgar/data/1962011/000149315224032896/forms-1a.htm) |

Showing the first 300 rows. Use the search box to narrow the list.

Coverage: US-listed IPOs of operating companies; SPACs and resale-only registrations are excluded. Names are as printed in the prospectus; a few firms appear under more than one spelling.

Deal Cost Index. Data: CC BY 4.0.
