Section
IPO
The latest IPO coverage from Bullquill: sourced, dated and explained.
1 POSTSUPDATED
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How does an IPO work? S-1, roadshow, pricing and the first trade
The IPO price is fixed the night before listing, but the opening price comes from buy and sell orders the next morning. Figma's 2025 IPO shows each step, and EDGAR shows what Anthropic and OpenAI have and have not filed.
