The IPOX® Update 9/11/2026

U.S.

Altera Prepares U.S. IPO That Could Raise More Than $2 Billion

Altera, the programmable-chip maker backed by Silver Lake and Intel, is preparing a U.S. IPO that could raise more than $2 billion and potentially take place before the end of 2026. Silver Lake has selected Barclays, Citi, JPMorgan and Morgan Stanley as underwriters, with a confidential filing potentially coming within weeks. Altera became independent again after Intel sold a 51% stake to Silver Lake in a transaction valuing the company at $8.75 billion, while Intel retained 49%; its chips serve data centers, telecom, aerospace, defense, industrial systems and AI applications. (Source)

Holtec Nuclear Launches Up to $900 Million Nasdaq IPO at $10.2 Billion Valuation

Holtec Nuclear launched an IPO of 50 million shares at $15–$18 each, targeting proceeds of up to $900 million and a valuation of as much as $10.2 billion. The nuclear-technology company is expected to price on September 17 and plans to list on Nasdaq under the ticker HNUC. Holtec develops reactor components, spent-fuel systems and small modular reactors and is restarting Michigan's Palisades nuclear plant; IPOX® Research Associate Lukas Muehlbauer told Reuters that strong early-fall IPO performance could encourage additional companies to enter the market. (Source)

Stratolaunch Prepares Up to $500 Million U.S. IPO

Stratolaunch is preparing a U.S. IPO that could raise up to $500 million as soon as October, with the aerospace and defense company seeking a valuation of approximately $2 billion–$3 billion. Goldman Sachs and Citigroup are leading preparations, and a public filing could arrive during September. Backed by Elliott Investment Management and Cerberus Capital Management, Stratolaunch operates the Talon-A reusable air-launched hypersonic test platform and develops hypersonic targets and related defense systems. (Source)

Orion180 Seeks Up to $340 Million in Nasdaq IPO at $1.68 Billion Valuation

Orion180, a homeowners and flood insurer, launched a U.S. IPO targeting proceeds of up to $340 million and a valuation of approximately $1.68 billion. The Florida-based company plans to sell 20 million shares at $15–$17 each and list on Nasdaq under ticker OIG, with RBC Capital Markets, UBS and Raymond James leading the offering. Orion180 operates across 14 states, generated roughly $601 million of managed premiums during the 12 months through June, and is scheduled to price on September 17 according to IFR/LSEG. (Source)

Europe

Ignis Targets Up to €600 Million October IPO in Madrid

Ignis, the Spanish renewable-energy and data-center infrastructure company, has submitted an updated IPO prospectus to regulator CNMV and is targeting proceeds of up to €600 million, or roughly $700 million. The company expects regulatory approval in early October and is reportedly aiming to begin trading in Madrid during the second half of the month. Valued at approximately €1.5 billion, Ignis plans to use part of the proceeds to expand its energy-management and data-center connection businesses, with founder Antonio Sieira and EFG Hermes-managed Vortex Energy among its key shareholders. (Source)

Belron Weighs Amsterdam Mega-IPO at Valuation Above €30 Billion

Belron, the world's largest vehicle-glass repair and replacement company, is considering an Amsterdam IPO that could value the business at more than €30 billion and potentially rank among Europe's largest flotations in years. Belgian investment group D'Ieteren owns 50.3% of the company, while Clayton Dubilier & Rice and other investors hold minority stakes. Belron operates brands including Autoglass, Carglass and Safelite across more than 40 countries, while first-half adjusted pre-tax profit increased 29% to €612.7 million. (Source)

Asia-Pacific

AirTrunk Arranges $1.4 Billion REIT Financing Ahead of $1 Billion–$1.5 Billion Singapore IPO

AirTrunk, the Blackstone-backed data-center operator, is arranging approximately S$1.8 billion, or $1.4 billion, of debt financing for a REIT expected to list in Singapore in 2026. The borrowing will finance acquisitions of data centers in Australia, Hong Kong, Japan and Singapore that are being transferred into the prospective listed vehicle. IFR/LSEG reports that Citigroup, DBS and Jefferies are involved in a proposed IPO expected to raise approximately $1 billion–$1.5 billion, potentially making it one of Singapore's largest listings in years. (Source 1) (Source 2)

Philippine Regulator Clears Mynt for Record IPO of Up to $1.48 Billion

Mynt, the parent company of Philippine digital-wallet platform GCash, has received regulatory clearance for an IPO that could raise as much as 92.32 billion pesos, or approximately $1.48 billion. At the maximum size, the transaction would become the Philippines' largest-ever IPO, surpassing Monde Nissin's 2021 offering, and would value Mynt at approximately 668.96 billion pesos. The proposed transaction involves up to 8.03 billion common shares plus an overallotment option for as many as 1.2 billion secondary shares; Mynt is backed by Globe Telecom, Ayala and Ant Group. (Source)

KKR-Backed Musinsa Files for Korea Exchange Review Ahead of Potential $1 Billion IPO

Musinsa, the KKR-backed South Korean fashion marketplace, has applied for preliminary review by the Korea Exchange as it advances toward a Kospi IPO. IFR/LSEG reports that the transaction could raise as much as $1 billion and potentially launch in the first half of 2027, with Musinsa planning to sell 26.6 million shares representing about 11.7% of enlarged capital. Citigroup, JPMorgan, KB Securities and Korea Investment & Securities are advising, while separate reporting suggests the company could target a valuation of up to approximately Won10 trillion, or $7.4 billion. (Source)

Transwarp Technology Launches $88 Million–$110 Million Hong Kong IPO

Transwarp Technology, an enterprise AI and big-data software provider, launched its Hong Kong IPO on September 11, offering approximately 14.01 million new H shares at HK$49–HK$61 each. The price range implies gross proceeds of roughly HK$687 million–HK$855 million, or approximately $88 million–$110 million, with trading expected to begin on September 21 under stock code 06727. Transwarp provides enterprise software for data storage, analytics and AI workloads and is already listed on Shanghai's STAR Market, with the new transaction providing a separate Hong Kong listing. (Source 1) (Source 2)

MENA

MNT-Halan Starts Cairo Listing Process Ahead of Q4 IPO

MNT-Halan has taken its first formal step toward a Cairo IPO after its domestic arm, MNT Tech Holding, applied to list 1.6 billion shares on the Egyptian Exchange's main market. IFR/LSEG reports that an IPO is expected in the fourth quarter, with Citigroup and EFG Hermes mandated to run the transaction. The wider fintech group was valued at $1.4 billion earlier in 2026, while the Egyptian business being listed has been pitched at roughly $900 million–$1 billion; operations in Turkey, the UAE and Pakistan will remain outside the listed entity. (Source 1) (Source 2)

Disclaimer: News summaries are AI generated and may contain mistakes. The information does not constitute financial advice, endorsement or recommendation and should not be considered as such.