New stocks, under the magnifying glass
Going public is the noisiest, most hyped moment. Here we look at IPOs with the Faro philosophy: are they in a megatrend? Do they get public money? Do they have real numbers or just a story?
🎯 On the Faro radar
The best fits for the Faro philosophy. Fit = megatrend (35) + public money (20) + real numbers via DNA (25) + room to grow (10) + real sales (10).
| Company | Listed | IPO price → today | Value | Faro fit | DNA | Lock-up ends* |
|---|---|---|---|---|---|---|
| HAWK HawkEye 360, Inc. 🧭 Faro theme | May 7, 2026 | $26 → $13.65 -47% | $1.3 B | 76 | 85 | Nov 3, 2026 |
| PICS PicS N.V. 🧭 Faro theme | Jan 29, 2026 | $19 → $6.79 -64% | $880 M | 76 | 83 | Jul 28, 2026 |
| AVEX AEVEX Corp. 🧭 Faro theme | Apr 17, 2026 | $20 → $11.53 -42% | $798 M | 75 | 78 | Oct 14, 2026 |
| ALMR Alamar Biosciences, Inc. 🧭 Faro theme | Apr 17, 2026 | $17 → $28.94 +70% | $2.0 B | 74 | 77 | Oct 14, 2026 |
| PAYP PayPay Corp 🧭 Faro theme | Mar 12, 2026 | $16 → $14.44 -10% | $9.8 B | 74 | 74 | Sep 8, 2026 |
| MWH SOLV Energy, Inc. 🧭 Faro theme | Feb 11, 2026 | $25 → $24.00 -4% | $4.9 B | 73 | 72 | Aug 10, 2026 |
| ACCV Accelevation Holdings Corp. 🧭 Faro theme | Sep 30, 2026 | $18 → $14.01 -22% | $3.1 B | 73 | 71 | Mar 29, 2027 |
| ELMT Elmet Group Co. 🧭 Faro theme | Apr 23, 2026 | $14 → $22.13 +58% | $674 M | 73 | 71 | Oct 20, 2026 |
🔒 The full radar is for members
- All 139 real IPOs of the last 12 months with Faro fit, DNA and lock-up date
- Filter by megatrend and government contracts
- Updated every day
Unlocks the moment you pay. Cancel anytime.
🔓 Lock-up expiring in the next 60 days
When the lock-up ends (usually 180 days), insiders can sell. Selling pressure is common. *Estimated date, 180 days after the IPO: confirm it in the prospectus.
| HAWK HawkEye 360, Inc. | Nov 3, 2026 | today | -47% |
| SUJA SUJA LIFE, INC. | Nov 3, 2026 | today | -50% |
| MOBI Mobia Medical, Inc. | Nov 4, 2026 | in 1 d | -33% |
| ODTX Odyssey Therapeutics, Inc. | Nov 4, 2026 | in 1 d | +8% |
| FRVO Fervo Energy Co | Nov 9, 2026 | in 6 d | -69% |
| GMRS GMR Solutions Inc. | Nov 9, 2026 | in 6 d | -26% |
| CBRS Cerebras Systems Inc. | Nov 10, 2026 | in 7 d | -48% |
| EROK EagleRock Land, LLC | Nov 10, 2026 | in 7 d | +2% |
| MWC Micware Co., Ltd. | Nov 10, 2026 | in 7 d | -82% |
| BXDC Blackstone Digital Infrastructure | Nov 10, 2026 | in 7 d | -21% |
| AIAI AIAI Holdings Corp | Nov 10, 2026 | in 7 d | — |
| EXYN Exyn Technologies, Inc. | Nov 11, 2026 | in 8 d | -70% |
📝 Just filed to go public (S-1)
Not trading yet. We flag the ones that touch a Faro theme by name. No final price or full public fundamentals yet.
Oct 23, 2026 · $100 M · 🧭 Faro theme
Oct 21, 2026 · $35 M · 🧭 Faro theme
Oct 9, 2026 · $169 M · 🧭 Faro theme
Oct 7, 2026 · 🧭 Faro theme
Oct 5, 2026 · $318 M · 🧭 Faro theme
Oct 5, 2026 · $100 M · 🧭 Faro theme
Sep 24, 2026 · $200 M · 🧭 Faro theme
Sep 21, 2026 · $150 M · 🧭 Faro theme
Sep 18, 2026 · $45 M · 🧭 Faro theme
Sep 18, 2026 · $117 M · 🧭 Faro theme
Sep 4, 2026 · $446 M · 🧭 Faro theme
Sep 2, 2026 · $35 M · 🧭 Faro theme
Sep 1, 2026 · $100 M · 🧭 Faro theme
Aug 28, 2026 · $350 M · 🧭 Faro theme
Aug 21, 2026 · $100 M · 🧭 Faro theme
Oct 29, 2026 · $27 M
Oct 28, 2026 · $35 M
Oct 26, 2026 · $23 M
↩️ Recently withdrawn
They filed and backed out (weak market, valuation, change of plans).
Oct 26, 2026 · $29 M
Oct 19, 2026 · $20 M
Oct 16, 2026 · $100 M
Oct 14, 2026 · $17 M
Oct 7, 2026
Sep 25, 2026 · $1.0 B · 🧭 Faro theme
Sep 18, 2026 · $26 M
Sep 18, 2026 · $9 M
Sep 17, 2026 · $22 M
📚 How to read an IPO (the essentials)
The S-1 is the SEC registration. The preliminary prospectus ("red herring") has no final price. Read it: risks, use of proceeds, related parties and dilution.
If the money goes to the company (primary) it funds growth. If it goes to sellers (secondary), insiders are cashing out.
About 25 days after the IPO the underwriters publish no research. When it ends, ratings usually come out (almost always positive).
Insiders cannot sell for a while (usually 180 days). When it ends a wave of selling can arrive.
Clear model, big TAM, a path to profit or already profitable, quality underwriter, fair valuation versus peers, clear use of proceeds.
Buying out of FOMO on debut day, not reading the prospectus, ignoring the lock-up, confusing a company with a blank check (SPAC).
📚 PDF report No. 32: IPOs under the Faro lensHow many IPOs really win, the top 12 by fit, the lock-up calendar and how to read an S-1. Included in Navigator.
Educational and opinion content, not financial advice. Data: Nasdaq public IPO calendar, Yahoo Finance prices and fundamentals, war.gov and USAspending contracts. IPOs are volatile with little history.