iGrid Solutions Inc. (Ticker: 603A JP) is a Japanese energy and utilities company developing and operating platforms for distributed energy resources, onsite solar power plants, storage batteries, EV-related solutions, energy trading, and related consulting and GX services. The company is domiciled in Japan and offers its services throughout the country.

iGrid Solutions plans to list on the Tokyo Stock Exchange Growth Market on July 29, 2026. According to published terms, the company plans to offer 10.74 million shares at an expected price range of JPY 740 to JPY 770 per share, raising approximately JPY 8.27 billion, or about $51 million. The offering consists of 2.69 million primary shares, representing 25.04% of the offering, and 8.05 million secondary shares, representing 74.96%, with a 15% greenshoe facility of 1.61 million shares.

The offering is managed by Nomura Securities. According to company materials, iGrid Solutions focuses on local production and consumption of renewable energy, including rooftop solar installations, surplus electricity circulation using AI forecasting, and battery/EV solutions for corporate facilities.

Jersey Mike’s Subs (Ticker: JMKE US) is a US-based fast-casual restaurant franchisor operating more than 3,300 locations across the United States and Canada. Founded in 1956 as Mike’s Subs in Point Pleasant, New Jersey, the company’s franchise network primarily serves made-to-order submarine sandwiches.

Jersey Mike’s plans to list on the New York Stock Exchange on July 30, 2026, following pricing on July 29. The IPO comprises 43,478,261 shares at an indicated price range of $21.00 to $25.00 per share, representing an offer size of approximately $913 million to $1.09 billion, or approximately $1 billion at the midpoint.

Approximately 32% of the shares in the offering are primary shares issued by the company, with the remaining 68% consisting of secondary shares sold by existing shareholders. Morgan Stanley, J.P. Morgan and Jefferies are acting as global coordinators and joint bookrunning managers. Morgan Stanley is also serving as stabilization agent.

Reformation, Inc. (Ticker: REF US) is a US-based apparel company focused on women’s clothing and accessories, with sustainability positioned as a core part of its brand and operating model. Founded in 2009, the company reported more than $500 million in net revenue and over one million active customers in 2025, following a 34% revenue CAGR from 2015 to 2025.

Reformation is expected to begin trading on the New York Stock Exchange on July 30, 2026, following pricing on July 29. The IPO consists of 14,062,500 shares at an indicated price range of $15.00 to $17.00 per share, implying an offer size of approximately $225 million at the midpoint. Around 67% of the base offering comprises primary shares issued by the company, while 33% consists of secondary shares sold by existing shareholders. The 2,109,375-share greenshoe is entirely secondary.

J.P. Morgan is lead-left bookrunner, with Morgan Stanley serving as joint active bookrunner and stabilization agent.

Zhongji Innolight Co., Ltd. (Ticker: 3308 HK) is a Chinese telecommunications equipment company that provides optical interconnect solutions for cloud computing, data centers and AI infrastructure. Its principal products are optical transceivers, which convert electrical and optical signals to support high-speed data transmission. The company’s product portfolio includes 400G, 800G and 1.6T transceivers, including products using silicon photonics technology.

Zhongji Innolight plans to list on the Hong Kong Stock Exchange on July 30, 2026. According to published terms, the company expects to offer 54.5 million primary shares at HK$1,010 per share, raising approximately HK$55.05 billion, or around $7.02 billion. The underwriters have a 15% over-allotment option covering approximately 8.18 million additional shares.

The offering is managed by a syndicate including ABCI Securities, China Galaxy International Securities, Citigroup, China International Capital Corporation, GF Securities, Goldman Sachs, Haitong International, HSBC, Morgan Stanley, Zero2IPO Securities and Zhongtai International Securities.