IPOGrid
Daily Spotlight · May 26, 2026
INNIO Brings AI-Power Heat to a $2 Billion Sponsor Exit
INNIO has real data-center demand, but this IPO mainly cashes out the seller
By Erik Aronesty · INNIO Holding GmbH · INIO
LOS ANGELES, May 26, 2026 — INNIO is not showing up as just another industrial IPO. The company sits in a part of the power stack that public investors care about right now: fast-start distributed generation for data centers, grid support and backup power....
IPOGrid Weekly · 2026-05-18 to 2026-05-24
Lincoln Clears, the Rest of the Calendar Stays in Filing Mode
Lincoln broke through; the rest of the IPO week stayed in amendment mode
By Erik Aronesty · May 25, 2026
Lincoln International priced its IPO on May 19 (https://www.prnewswire.com/news-releases/lincoln-international-announces-pricing-of-initial-public-offering-302776889.html), and by the next day’s NYSE debut...
IPO Calendar
Deals on the board
| Company | Deal | Status | Signal | Price | Gross Proceeds | Lead Underwriter | Exchange | Latest Form | Last Filing |
|---|---|---|---|---|---|---|---|---|---|
| ipo | priced | 06-01 to 06-03 | $10.00 | $216,000,000 | self-underwritten | NMS | 424B3 | 2026-05-28 | |
|
Einride AB
ENRD
|
ipo | priced | 06-01 | - | - | - | Nasdaq | 425 | 2026-05-19 |
|
MetaOptics Ltd
MOT
|
ipo | effective | 06-01 to 06-12 | - | - | Roth Capital Partners | Nasdaq Global Market | 8-A12B | 2026-05-29 |
|
Phoenix Energy One, LLC
PHXE.P
|
ipo | priced | Watch | $100.00 | $750,000,000 | self-underwritten | NYSE American | 424B3 | 2026-05-14 |
| ipo | filed | 06-04 to 06-05 | - | - | - | Nasdaq | CONFIDENTIAL-S1 | 2026-04-01 | |
|
ERock, Inc.
EROC
|
ipo | amended | Watch | - | - | Morgan Stanley | NYSE | S-1/A | 2026-05-26 |
| ipo | amended | Watch | $18.00 to $21.00 | ~$633,750,000 | Morgan Stanley | NYSE | S-1/A | 2026-05-26 | |
|
Collab Z Inc.
CLBZ
|
ipo | amended | Watch | $4.00 | $15,000,000 | American Trust Investment Services, Inc. | Nasdaq | S-1/A | 2026-05-26 |
|
INNIO Holding GmbH
INIO
|
ipo | amended | Watch | $25.50 | $2,025,000,000 | Goldman Sachs & Co. LLC | Nasdaq | S-1/A | 2026-05-26 |
| ipo | amended | Watch | $15.00 to $17.00 | ~$266,666,672 | Deutsche Bank Securities | NYSE | S-1/A | 2026-05-26 | |
|
EvoNexus Group LTD
EVON
|
ipo | amended | Watch | $4.00 | $25,000,000 | Kingswood Capital Partners, LLC | Nasdaq | F-1/A | 2026-05-21 |
| ipo | amended | Watch | $5.00 | $18,780,000 | Cathay Securities, Inc. | Nasdaq | F-1/A | 2026-05-22 |
See full grid
Showing 12 exchange-focused names from 187 active public IPO issuers.
Hot List
Names to keep open
INNIO Holding GmbH
INIO
22% revenue growth
Revenues from customers are attributed to geographic areas based on the end customer’s location... one customer accounted for more than 10% of total...
Cover banks: Goldman Sachs & Co. LLC*, J.P. Morgan*, Morgan Stanley* · Financial texture: Revenues from customers are attributed to geographic areas based on the end customer’s location... one customer accounted for more than 10% of total... · Deal terms: 75M shares · $24-$27 · $2B deal · Nasdaq INIO
Applied Aerospace & Defense, Inc.
AADX
25% revenue growth
For the fiscal year ended December 31, 2025, we generated $498.8 million in revenue, representing 24.8% year over year growth from revenue of $399.8...
Financial texture: For the fiscal year ended December 31, 2025, we generated $498.8 million in revenue, representing 24.8% year over year growth from revenue of $399.8... · Deal terms: 33M shares · $18-$21 · $683M deal · NYSE AADX
GreenVector Holdings Ltd
GRVT
91% revenue growth
Revenues - related parties $ 4,996,725 $ 2,436,184
Cover banks: Alexander Capital L.P. · Financial texture: Revenues - related parties $ 4,996,725 $ 2,436,184 · Deal terms: $5 price · $19M deal · Timing: Approximate date of commencement of proposed sale to the public: As soon as practicable after the effective...
AMATUHI HOLDINGS, INC.
AMTU
116% revenue growth
For the nine months ended December 31, 2025, we generated revenues of $59.7 million
Cover banks: Spartan Capital Securities, LLC · Financial texture: For the nine months ended December 31, 2025, we generated revenues of $59.7 million · Deal terms: 3M shares · $7-$9 · $24M deal · Nasdaq Capital Market · Timing: Approximate date of commencement of proposed sale to the public: As soon as practicable after this...
Law's Business Group Holding Ltd
LSBA
153% revenue growth
Revenues for the years ended March 31, 2025 and 2024: $2,092,633 and $827,927
Cover banks: Cathay Securities, Inc. · Financial texture: Revenues for the years ended March 31, 2025 and 2024: $2,092,633 and $827,927 · Deal terms: 6.3M shares · $5 price · $31M deal
Phoenix Energy One, LLC
PHXE.P
158% revenue growth
Total revenues $298,680 $115,747 $182,933 158.0%
Financial texture: Total revenues $298,680 $115,747 $182,933 158.0%