No IPOs on the calendar this week.
No IPOs are scheduled for the week of October 4, 2026. Over the past seven days, 3 started trading, 11 filed to go public, 1 postponed or withdrew.
Last week's debuts
| Symbol | Company | IPO price | Day-1 open | Day-1 close | Latest | vs IPO price |
|---|
| RZAI | ROZE AI INC. | — | — | — | $19.90 | — |
| ACCV | Accelevation Holdings Corp. | $18.00 | — | — | $17.72 | -1.6% |
| CHWM | Chilwa Minerals Ltd | $5.60 | — | — | $5.43 | -3.0% |
Lock-ups and quiet periods ending
Lock-up expiry frees insiders to sell. The quiet period's end lets the underwriters' analysts start coverage. A weekend date takes effect on the Monday. Returns account for splits.
| Symbol | Company | Event | Date | IPO price | Latest | vs IPO price |
|---|
| ADBT | Advasa Holdings, Inc. | Quiet period | Mon, Oct 5 | — | — | — |
Postponed and withdrawn
| Date | Company | Symbol | Status |
|---|
| Wed, Sep 30 | Oura Inc. | OURA | Postponed |
New filings
| Date | Company | Symbol | Filing |
|---|
| Fri, Oct 2 | HCW Biologics Inc. | HCWB | S-1 |
| Thu, Oct 1 | AKANDA CORP. | AKAN | F-1 |
| Thu, Oct 1 | TOP Financial Group Ltd | TOP | F-1 |
| Thu, Oct 1 | WhiteHawk Minerals Corp. | WHK | S-1 |
| Wed, Sep 30 | DarkIris Inc. | DKI | F-1 |
| Wed, Sep 30 | GEN Restaurant Group, Inc. | GENK | S-1 |
| Wed, Sep 30 | ROZE AI INC. | RZAI | F-1 |
| Tue, Sep 29 | VCI Global Ltd | VCIG | F-1 |
| Mon, Sep 28 | HMH Holding Inc | HMH | S-1 |
| Mon, Sep 28 | MED-X, INC. | MXRX | S-1 |
| Mon, Sep 28 | WeShop Holdings Ltd | WSHP | F-1 |
Factor research — September 2026
3M look-ahead — IPOs priced in the last 12 months
| Variable | n | IC | p | Q5−Q1 spread | Robust |
|---|
| Interest coverage (EBIT / interest) | 34 | 0.528 | 0.004 | 117.454 | ✓ |
| Stock-based comp / revenue % | 22 | -0.486 | 0.003 | -30.609 | ✓ |
| Direct listing (0/1) | 137 | -0.437 | <0.001 | -55.826 | ✓ |
| Op. cash flow / revenue % | 50 | 0.339 | 0.052 | 39.831 | |
| Goodwill / assets % | 30 | 0.332 | 0.062 | 42.016 | |
| Direct listing < $1000M cap (0/1) | 136 | -0.327 | <0.001 | -49.719 | ✓ |
| Free cash flow / revenue % | 50 | 0.326 | 0.060 | 39.831 | |
| Altman Z'' (distress) | 76 | 0.312 | 0.010 | 75.872 | ✓ |
Multivariate (3M):
Cross-validated Elastic Net (n=135, α=11.13, CV R²=0.006), standardized coefficients:
| Variable | Coefficient |
|---|
| Direct listing (0/1) | -2.2101 |
| Direct listing < $1000M cap (0/1) | -1.4214 |
| Debt / equity | 1.2355 |
| Return on assets % | 1.0446 |
| Net margin % | 1.0380 |
| EGC opted out of extended transition (0/1) | 0.9106 |
6M look-ahead — IPOs priced in the last 12 months
| Variable | n | IC | p | Q5−Q1 spread | Robust |
|---|
| Interest coverage (EBIT / interest) | 32 | 0.672 | <0.001 | 338.231 | ✓ |
| Stock-based comp / revenue % | 21 | -0.634 | 0.087 | -91.085 | |
| SG&A growth % (YoY) | 32 | 0.524 | 0.053 | 223.646 | |
| Op. cash flow / revenue % | 48 | 0.474 | 0.032 | 165.538 | |
| Piotroski F-score (0-8) | 25 | 0.472 | 0.013 | 215.228 | |
| Free cash flow / revenue % | 48 | 0.468 | 0.039 | 158.601 | |
| Cash runway (months) | 37 | 0.415 | 0.086 | 200.182 | |
| Intangibles / assets % | 28 | -0.395 | 0.039 | -151.136 | |
Multivariate (6M):
Elastic Net shrank every coefficient to zero.
