Upcoming IPOs
Slide Insurance Holdings, Inc. (Ticker: SLDE US) is a United States company specializing in technology-enabled property and casualty insurance. Slide plans to list on the Nasdaq Global Select Market around June 18, 2025, planning to offer 20 million shares at an expected price between $15.00 and $17.00, raising up to $340 million.2 The company is reportedly targeting a valuation of up to $2.12 billion. The offering consists of 16,666,667 primary shares from the company and 3,333,333 shares from selling stockholders, indicating proceeds will go to both the company and certain existing investors. Based in Florida, Slide focuses on home and condominium insurance in Florida and South Carolina, utilizing artificial intelligence and big data. The lead underwriters for the IPO are reportedly Barclays and Morgan Stanley.
Caris Life Sciences, Inc. (Ticker: CAI US) is a United States company specializing in AI-based precision medicine and cancer diagnostics. Caris Life Sciences plans to list on the Nasdaq on Wednesday, June 18, 2025, offering 23.5 million shares priced between $16.00 and $18.00 and aiming to raise up to $423.5 million. The IPO is reportedly targeting a valuation of up to $5.3 billion, a notable decrease from its $7.8 billion valuation in a 2021 funding round. The company plans to use the net proceeds for general corporate purposes, including working capital, operating expenses, and capital expenditures. Founded in 2008, Caris uses tumor and blood-based profiling to help select appropriate cancer therapies. The lead underwriters for the offering are reportedly BofA Securities, J.P. Morgan, Goldman Sachs, and Citigroup.
Foshan Haitian Flavouring & Food Co Ltd (Ticker: 3288 HK) is a Chinese company specializing in condiment products, including soy sauce, oyster sauce, and flavored sauces. According to company materials, it is a leader in China’s condiments industry, with its soy sauce and oyster sauce products ranking first globally by revenue in 2024.
Foshan Haitian Flavouring & Food plans to list on the Hong Kong Stock Exchange on June 19, 2025. It intends to offer 263.24 million primary shares within a price range of HKD 35.00 to HKD 36.30 per share, which could raise up to HKD 9.56 billion (USD 1.22 billion). The offering consists entirely of new shares.
Izawa Towel Co Ltd (Ticker: 365A JP) is a Japanese company specializing in the planning, manufacturing, import/export, and sales of towel products, primarily within the cosmetics and toiletries sector. Izawa Towel Co Ltd plans to list on the Tokyo Stock Exchange on June 20, 2025, planning to offer 5 million shares at a price of JPY 750, raising JPY 3.75 billion (approximately USD 25.86 million). According to sources, the managers of the offering are Mitsubishi UFJ Morgan Stanley Securities Co, Morgan Stanley MUFG Securities Co Ltd and SBI Securities Co Ltd.
Wellness Communications Corp (366A JP) is a Japanese company that operates a health data platform and solutions business using health management SaaS and other services in the medical and outpatient/home medical care industry. The company plans to list on the Tokyo Stock Exchange on June 23, 2025, offering 1.5 million shares at an IPO price of JPY 2,480 (approximately USD 17.10). This offering aims to raise JPY 3.719 billion (approximately USD 25.65 million). According to sources, the lead underwriter for this IPO is Nomura Securities Co., Ltd.
Primo Global Holdings Co., Ltd. (Ticker: 367A JP) is a Japanese company specializing in the planning and sale of bridal jewelry. Described as Japan's largest specialty bridal jeweler by store count, the company also has an expanding presence in other Asian markets. Primo Global Holdings plans to list on the Tokyo Stock Exchange Standard Market on June 24, 2025.
The IPO is an offering of approximately 6.5 million existing shares, with a 970,000-share over-allotment option, priced in a provisional range of JPY 2,060 to JPY 2,150. The total offer size could reach approximately JPY 16.0 billion (USD 102 million). The lead underwriters are Mizuho Securities and SMBC Nikko Securities.
Virgin Australia Holdings Ltd (VGN AU) is an Australian airline company. Virgin Australia Holdings Ltd plans to list on the Australian Securities Exchange (ASX) on June 24, 2025, with an IPO price of AUD 2.90.
The offering aims to raise AUD 685.00 million (USD 444.50 million), valuing the business at AUD 2.3 billion (USD 1.49 billion). This IPO structure reportedly involves selling 30% of the business to the public. According to sources, private equity owner Bain Capital will reduce its holding to 40%, while Qatar Airways will retain its 23% stake. The managers of the offering include Barrenjoey Markets Pty Ltd, Goldman Sachs Australia Pty Ltd, and UBS Securities Australia Ltd.
Kitazato Corporation (Ticker: 368A JP) is a Japanese company specializing in the research, development, and manufacturing of medical devices for fertility treatment and assisted reproduction. Kitazato plans to list on the Tokyo Stock Exchange Prime Market on June 25, 2025.
The offering consists of 14 million existing shares with a 2.1 million share over-allotment option, priced in a provisional range of JPY 1,300 to JPY 1,340. The total offer size is up to approximately JPY 21.6 billion (USD 127.85 million), valuing the company at around USD 365.30 million. As the IPO is a secondary offering of existing shares, the company will not receive any proceeds. The funds will reportedly go to the selling shareholders. Nomura Securities and SMBC Nikko Securities are the lead underwriters for the deal.
Past IPOs
Disclaimer
The IPOX Deal Calendar may not provide a complete list of all global initial public offerings (IPOs). Deals presented are subject to minimum market capitalization requirement (around $100 million) or minimum deal size requirement (around $25 million). Informations about the companies may contain errors. Images are for illustrative purposes only. Companies pursing an IPO on Over-The-Counter (OTC) markets, best efforts offerings, closed-end fund (CEF), REITs, mainland China stock (A share) are not included. Please refer to the Legal Disclaimer.