2023 IPO Market Review
120 companies went public in 2023. The median return was -66.3% with 25% of IPOs in positive territory.
Total IPOs
120
Avg Return
+7.8%▲
Median Return
-66.3%▼
% Positive
24.8%
Total Mkt Cap
$363.8B
Best Performers
Top Industries
18
15Biotechnology
4Capital Markets
4Software - Application
4Integrated Freight & Logistics
3Internet Retail
3Packaged Foods
3Specialty Industrial Machinery
3Oil & Gas E&P
3Specialty Business Services
By Exchange
74
NASDAQ
17
NYSE
17
8
NYSE American
3
OTC Pink
1
OTC
All 2023 IPOs
| Ticker | Company | Exchange | Industry | IPO Date | IPO Price | Current | Return | Mkt Cap | Lockup End |
|---|---|---|---|---|---|---|---|---|---|
| LGCB | Linkage Global Inc | NASDAQ | Internet Retail | Dec 19, 2023 | $4.00 | N/A | -86.6% | $22.2M | N/A |
| ZKH | ZKH Group Limited | NYSE | Internet Retail | Dec 15, 2023 | $15.50 | N/A | -80.7% | $388.1M | N/A |
| INHD | Inno Holdings Inc. | NASDAQ | Steel | Dec 14, 2023 | $4.00 | N/A | -98.0% | $673,058.00 | N/A |
| GSIW | Garden Stage Limited | NASDAQ | Capital Markets | Dec 1, 2023 | $4.00 | N/A | +655.5% | $42.7M | N/A |
| FEBO | Fenbo Holdings Limited | NASDAQ | Consumer Electronics | Nov 30, 2023 | $5.00 | N/A | -76.5% | $3.6M | N/A |
| ELAB | PMGC Holdings Inc. | NASDAQ | Biotechnology | Nov 21, 2023 | $4.00 | N/A | -36.5% | $11.3M | N/A |
| DDC | DDC Enterprise Limited | NYSE American | Packaged Foods | Nov 17, 2023 | $8.50 | N/A | -80.5% | $73.5M | N/A |
| RR | Richtech Robotics Inc. | NASDAQ | Specialty Industrial Machinery | Nov 17, 2023 | $5.00 | N/A | -51.8% | $442.6M | N/A |
| SGN | Signing Day Sports, Inc. | NYSE American | Software - Application | Nov 14, 2023 | $5.00 | N/A | -89.2% | $7.4M | N/A |
| SHIM | Shimmick Corporation | NASDAQ | Engineering & Construction | Nov 14, 2023 | $7.00 | N/A | -19.4% | $204.7M | N/A |
| CRGX | CARGO Therapeutics, Inc. | Nov 10, 2023 | $15.00 | N/A | -70.2% | N/A | N/A | ||
| HG | Hamilton Insurance Group, Ltd. | NYSE | Insurance - Reinsurance | Nov 10, 2023 | $15.00 | N/A | +117.0% | $2.2B | N/A |
| GVH | Globavend Holdings Limited | NASDAQ | Integrated Freight & Logistics | Nov 8, 2023 | $4.00 | N/A | -12.3% | $8.0M | N/A |
| LXEO | Lexeo Therapeutics, Inc. | NASDAQ | Biotechnology | Nov 3, 2023 | $11.00 | N/A | -47.2% | $430.4M | N/A |
| PAPL | Pineapple Financial Inc. | NYSE American | Mortgage Finance | Nov 1, 2023 | $4.00 | N/A | -66.3% | $35.2M | N/A |
| ATGL | Alpha Technology Group Limited | NASDAQ | Software - Infrastructure | Oct 31, 2023 | $4.00 | N/A | +252.5% | $215.2M | N/A |
| MNR | Mach Natural Resources LP | NYSE | Oil & Gas E&P | Oct 25, 2023 | $19.00 | N/A | -29.1% | $2.3B | N/A |
| NCL | Northann Corp. | NYSE American | Furnishings, Fixtures & Appliances | Oct 19, 2023 | $5.00 | N/A | -96.9% | $8.2M | N/A |
| WBUY | Webuy Global Ltd | NASDAQ | Internet Retail | Oct 19, 2023 | $4.00 | N/A | -66.3% | $7.0M | N/A |
| BIRK | Birkenstock | NYSE | Footwear | Oct 11, 2023 | $46.00 | N/A | -15.0% | $7.2B | N/A |
| GMM | Global Mofy AI Limited | NASDAQ | Information Technology Services | Oct 10, 2023 | $5.00 | N/A | -73.8% | $60.1M | N/A |
| LRHC | La Rosa Holdings Corp. | NASDAQ | Real Estate Services | Oct 10, 2023 | $5.00 | N/A | -59.6% | $2.1M | N/A |
| PMEC | Primech Holdings Ltd. | NASDAQ | Specialty Business Services | Oct 10, 2023 | $4.00 | N/A | -85.3% | $22.6M | N/A |
| GPAK | Gamer Pakistan Inc. | OTC Pink | Specialty Business Services | Oct 9, 2023 | $4.00 | N/A | -100.0% | $23,021.00 | N/A |
| MSS | Maison Solutions Inc. | NASDAQ | Grocery Stores | Oct 5, 2023 | $4.00 | N/A | -68.3% | $3.7M | N/A |
| ANL | Adlai Nortye Ltd. | NASDAQ | Biotechnology | Sep 29, 2023 | $23.00 | N/A | -47.1% | $714.8M | N/A |
| SYRA | Syra Health Corp. | OTC | Medical Care Facilities | Sep 29, 2023 | $4.13 | N/A | -89.7% | $4.8M | N/A |
| VSME | VS MEDIA Holdings Limited | NASDAQ | Advertising Agencies | Sep 28, 2023 | $5.00 | N/A | -80.8% | $2.6M | N/A |
| LRE | Lead Real Estate Co., Ltd | NASDAQ | Real Estate - Development | Sep 27, 2023 | $7.00 | N/A | -81.7% | $17.5M | N/A |
| TURB | Turbo Energy, S.A. | NASDAQ | Solar | Sep 22, 2023 | $5.00 | N/A | -62.8% | $22.4M | N/A |
| MDBH | MDB Capital Holdings, LLC | NASDAQ | Capital Markets | Sep 21, 2023 | $12.00 | N/A | -69.5% | $19.4M | N/A |
| KVYO | Klaviyo | NYSE | Marketing Automation | Sep 20, 2023 | $30.00 | N/A | -33.5% | $2.9B | N/A |
| CART | Instacart (Maplebear) | NASDAQ | Grocery Delivery | Sep 19, 2023 | $30.00 | N/A | +40.8% | $10.0B | N/A |
| DTCK | Davis Commodities Limited | NASDAQ | Farm Products | Sep 19, 2023 | $4.00 | N/A | -73.4% | $576,979.00 | N/A |
| NMRA | Neumora Therapeutics, Inc. | NASDAQ | Biotechnology | Sep 15, 2023 | $17.00 | N/A | -86.8% | $411.0M | N/A |
| RYZB | RayzeBio, Inc. | Sep 15, 2023 | $18.00 | N/A | +247.2% | N/A | N/A | ||
| ARM | Arm Holdings | NASDAQ | Semiconductor Design | Sep 14, 2023 | $51.00 | N/A | +289.5% | $211.0B | N/A |
| SPPL | Simpple Ltd. | NASDAQ | Specialty Industrial Machinery | Sep 13, 2023 | $5.25 | N/A | -53.9% | $23.7M | N/A |
| NWGL | CL Workshop Group Limited | NASDAQ | Lumber & Wood Production | Sep 12, 2023 | $9.00 | N/A | -89.1% | $4.9M | N/A |
| AXG | Solowin Holdings | NASDAQ | Capital Markets | Sep 7, 2023 | N/A | N/A | N/A | $654.0M | N/A |
| IVP | Inspire Veterinary Partners, Inc. | Aug 30, 2023 | $4.00 | N/A | -99.3% | N/A | N/A | ||
| SPGC | Sacks Parente Golf, Inc. | Aug 15, 2023 | $4.00 | N/A | -25.0% | N/A | N/A | ||
| SRM | SRM Contractors Limited | Aug 15, 2023 | $5.00 | N/A | +103.6% | N/A | N/A | ||
| LQR | LQR House Inc. | Aug 10, 2023 | $5.00 | N/A | -77.0% | N/A | N/A | ||
| NRXS | NeurAxis, Inc. | NYSE American | Biotechnology | Aug 9, 2023 | $6.00 | N/A | +26.8% | $87.6M | N/A |
| GMEX | GMEX Robotics Corporation | NASDAQ | Consumer Electronics | Aug 8, 2023 | N/A | N/A | N/A | $619,989.00 | N/A |
| MIRA | MIRA Pharmaceuticals, Inc. | NASDAQ | Drug Manufacturers - General | Aug 3, 2023 | $7.00 | N/A | -85.6% | $42.4M | N/A |
| CTNT | Cheetah Net Supply Chain Service Inc. | NASDAQ | Integrated Freight & Logistics | Aug 1, 2023 | $4.00 | N/A | -99.4% | $45,963.00 | N/A |
| PXDT | Pixie Dust Technologies, Inc. | Aug 1, 2023 | $9.00 | N/A | -93.6% | N/A | N/A | ||
| PRZO | ParaZero Technologies Ltd. | NASDAQ | Aerospace & Defense | Jul 27, 2023 | $4.00 | N/A | -83.0% | $17.6M | N/A |
| SRFM | Surf Air Mobility Inc. | NYSE | Airlines | Jul 27, 2023 | $20.00 | N/A | -94.7% | $103.8M | N/A |
| ELWS | Earlyworks Co., Ltd. | Jul 25, 2023 | $5.00 | N/A | +24.2% | N/A | N/A | ||
| JNVR | Janover Inc. | Jul 25, 2023 | $4.00 | N/A | +1882.8% | N/A | N/A | ||
| WRNT | Warrantee Inc. | Jul 25, 2023 | $4.00 | N/A | -93.3% | N/A | N/A | ||
| TSBX | Turnstone Biologics Corp. | Jul 21, 2023 | $12.00 | N/A | -97.0% | N/A | N/A | ||
| ODD | Oddity Tech Ltd. | NASDAQ | Household & Personal Products | Jul 19, 2023 | $35.00 | N/A | -56.0% | $695.1M | N/A |
| APGE | Apogee Therapeutics, Inc. | NASDAQ | Biotechnology | Jul 14, 2023 | $17.00 | N/A | +402.2% | $6.4B | N/A |
| SGMT | Sagimet Biosciences Inc. | NASDAQ | Biotechnology | Jul 14, 2023 | $16.00 | N/A | -45.3% | $535.4M | N/A |
| SXTP | 60 Degrees Pharmaceuticals, Inc. | NASDAQ | Biotechnology | Jul 12, 2023 | $5.30 | N/A | -69.8% | $4.2M | N/A |
| PWM | Power Metals Corp. | Jul 6, 2023 | $5.00 | N/A | -78.4% | N/A | N/A | ||
| INTS | Intensity Therapeutics, Inc. | NASDAQ | Biotechnology | Jun 30, 2023 | $5.00 | N/A | +3.4% | $13.1M | N/A |
| VTMX | Corporación Inmobiliaria Vesta, S.A.B. de C.V. | NYSE | Real Estate - Development | Jun 30, 2023 | $31.00 | N/A | +14.9% | $3.0B | N/A |
| FIHL | Fidelis Insurance Holdings Limited | NYSE | Insurance - Diversified | Jun 29, 2023 | $14.00 | N/A | +51.2% | $1.8B | N/A |
| KGS | Kodiak Gas Services, Inc. | NYSE | Oil & Gas Equipment & Services | Jun 29, 2023 | $16.00 | N/A | +316.9% | $5.9B | N/A |
| SVV | Savers Value Village, Inc. | NYSE | Specialty Retail | Jun 29, 2023 | $18.00 | N/A | -53.0% | $1.3B | N/A |
| GENK | GEN Restaurant Group, Inc. | NASDAQ | Restaurants | Jun 28, 2023 | $12.00 | N/A | -86.9% | $8.4M | N/A |
| AZTR | Azitra, Inc. | NYSE American | Biotechnology | Jun 16, 2023 | $5.00 | N/A | -95.0% | $4.0M | N/A |
| BOF | BranchOut Food Inc. | NASDAQ | Packaged Foods | Jun 16, 2023 | $6.00 | N/A | -37.5% | $54.7M | N/A |
| CAVA | CAVA Group | NYSE | Fast-Casual Restaurants | Jun 15, 2023 | $22.00 | N/A | +313.8% | $10.6B | N/A |
| ATMU | Atmus Filtration Technologies Inc. | NYSE | Auto Parts | May 26, 2023 | $19.50 | N/A | +214.5% | $5.0B | N/A |
| ATS | ATS Corporation | NYSE | Specialty Industrial Machinery | May 25, 2023 | $41.00 | N/A | -22.4% | $3.1B | N/A |
| CWD | CaliberCos Inc. | NASDAQ | Asset Management | May 17, 2023 | $4.00 | N/A | -73.5% | $7.1M | N/A |
| SGE | Strong Global Entertainment, Inc. | May 16, 2023 | $4.00 | N/A | -61.3% | N/A | N/A | ||
| SLRN | Solar 18 Corporation | May 5, 2023 | $18.00 | N/A | -87.5% | N/A | N/A | ||
| KVUE | Kenvue Inc. | NYSE | Household & Personal Products | May 4, 2023 | $22.00 | N/A | -20.3% | $33.7B | N/A |
| TRNR | Interactive Strength Inc. | NASDAQ | Personal Services | Apr 28, 2023 | $8.00 | N/A | -86.3% | $2.3M | N/A |
| JYD | Jayud Global Logistics Limited | NASDAQ | Integrated Freight & Logistics | Apr 21, 2023 | $4.00 | N/A | +35.3% | $44.3M | N/A |
| WLGS | Wang & Lee Group, Inc. | NASDAQ | Apr 20, 2023 | $5.00 | N/A | -99.8% | N/A | N/A | |
| TPET | Trio Petroleum Corp. | NYSE American | Oil & Gas E&P | Apr 18, 2023 | $3.00 | N/A | -82.9% | $17.4M | N/A |
| WAI | Top KingWin Ltd | NASDAQ | Capital Markets | Apr 18, 2023 | $4.00 | N/A | -41.8% | $5.4M | N/A |
| GDTC | CytoMed Therapeutics Limited | NASDAQ | Biotechnology | Apr 14, 2023 | $4.00 | N/A | -77.5% | $10.6M | N/A |
| VCIG | VCI Global Limited | NASDAQ | Consulting Services | Apr 13, 2023 | $4.00 | N/A | -75.0% | $3.7M | N/A |
| GDHG | Golden Heaven Group Holdings Ltd. | NASDAQ | Leisure | Apr 12, 2023 | $4.00 | N/A | -54.0% | $36.7M | N/A |
| ARBB | ARB IOT Group Limited | NASDAQ | Information Technology Services | Apr 5, 2023 | $4.00 | N/A | +12.0% | $7.9M | N/A |
| ISPR | Ispire Technology Inc. | NASDAQ | Tobacco | Apr 4, 2023 | $7.00 | N/A | -79.7% | $81.4M | N/A |
| MGIH | Millennium Group International Holdings Limited | NASDAQ | Packaging & Containers | Apr 4, 2023 | $4.00 | N/A | -60.5% | $17.8M | N/A |
| MWG | Multi Ways Holdings Limited | NYSE American | Rental & Leasing Services | Apr 3, 2023 | $2.50 | N/A | -22.7% | $9.9M | N/A |
| HKIT | Hitek Global Inc. | NASDAQ | Software - Application | Mar 31, 2023 | $5.00 | N/A | -83.0% | $1.2M | N/A |
| HSHP | Himalaya Shipping Ltd. | NYSE | Marine Shipping | Mar 31, 2023 | $5.80 | N/A | +139.3% | $651.9M | N/A |
| SFWL | Shengfeng Development Limited | NASDAQ | Integrated Freight & Logistics | Mar 31, 2023 | $4.00 | N/A | -78.0% | $35.7M | N/A |
| SYT | Softing AG | Mar 31, 2023 | $8.00 | N/A | -71.8% | N/A | N/A | ||
| CHSN | Chanson International Holding | NASDAQ | Restaurants | Mar 30, 2023 | $4.00 | N/A | -99.1% | $2.2M | N/A |
| HLP | Hongli Group Inc. | NASDAQ | Steel | Mar 29, 2023 | $4.00 | N/A | -79.5% | $60.2M | N/A |
| YGFGF | YanGuFang International Group Co., Ltd. | OTC Pink | Packaged Foods | Mar 28, 2023 | $4.00 | N/A | -100.0% | $3,200.00 | N/A |
| ZJYL | Jin Medical International Ltd. | NASDAQ | Medical Instruments & Supplies | Mar 28, 2023 | $8.00 | N/A | -71.3% | $15.7M | N/A |
| BANL | CBL International Limited | NASDAQ | Oil & Gas Midstream | Mar 23, 2023 | $4.00 | N/A | -88.7% | $6.5M | N/A |
| MGRX | Mangoceuticals, Inc. | NASDAQ | Health Information Services | Mar 21, 2023 | $4.00 | N/A | -91.0% | $6.1M | N/A |
| OMH | Ohmyhome Limited | NASDAQ | Real Estate Services | Mar 21, 2023 | $4.00 | N/A | -75.3% | $25.4M | N/A |
| ICG | Intchains Group Limited | NASDAQ | Semiconductors | Mar 16, 2023 | $8.00 | N/A | -84.5% | $35.6M | N/A |
| IZM | ICZOOM Group Inc. | NASDAQ | Electronics & Computer Distribution | Mar 15, 2023 | $4.00 | N/A | -90.9% | $3.0M | N/A |
| AESI | Atlas Energy Solutions Inc. | NYSE | Oil & Gas Equipment & Services | Mar 9, 2023 | $18.00 | N/A | -5.0% | $2.1B | N/A |
| AIXI | Xiao-I Corporation | NASDAQ | Software - Application | Mar 9, 2023 | $6.80 | N/A | -89.3% | $9.7M | N/A |
| BMR | Beamr Imaging Ltd. | NASDAQ | Software - Application | Feb 28, 2023 | $4.00 | N/A | -50.8% | $30.6M | N/A |
| GXAI | Gaxos.ai Inc. | NASDAQ | Electronic Gaming & Multimedia | Feb 15, 2023 | $4.15 | N/A | -68.4% | $13.4M | N/A |
| BFRG | Bullfrog AI Holdings, Inc. | NASDAQ | Health Information Services | Feb 14, 2023 | $6.50 | N/A | -89.0% | $13.2M | N/A |
| ENLT | Enlight Renewable Energy Ltd | NASDAQ | Utilities - Renewable | Feb 10, 2023 | $18.00 | N/A | +393.2% | $12.4B | N/A |
| MLYS | Mineralys Therapeutics, Inc. | NASDAQ | Biotechnology | Feb 10, 2023 | $16.00 | N/A | +61.8% | $2.1B | N/A |
| HSAI | Hesai Group | NASDAQ | Auto Parts | Feb 9, 2023 | $19.00 | N/A | +18.3% | $2.9B | N/A |
| LSDIF | Lucy Scientific Discovery Inc. | OTC Pink | Drug Manufacturers - Specialty & Generic | Feb 9, 2023 | $4.00 | N/A | -100.0% | $176.00 | N/A |
| NXT | Nextpower Inc. | NASDAQ | Solar | Feb 9, 2023 | $24.00 | N/A | +385.6% | $17.3B | N/A |
| LICN | Lichen International Limited | NASDAQ | Specialty Business Services | Feb 6, 2023 | $4.00 | N/A | +0.0% | $64.9M | N/A |
| ASST | Strive Asset Management, LLC | NASDAQ | Asset Management | Feb 3, 2023 | $5.00 | N/A | +205.6% | $960.9M | N/A |
| GPCR | Structure Therapeutics Inc. | NASDAQ | Biotechnology | Feb 3, 2023 | $15.00 | N/A | +190.4% | $3.1B | N/A |
| BREA | Brera Holdings PLC | Jan 27, 2023 | $5.00 | N/A | +404.0% | N/A | N/A | ||
| TXO | TXO Partners, L.P. | NYSE | Oil & Gas E&P | Jan 27, 2023 | $20.00 | N/A | -38.6% | $678.4M | N/A |
| GNLX | Genelux Corporation | NASDAQ | Biotechnology | Jan 26, 2023 | $6.00 | N/A | -57.8% | $113.4M | N/A |
| HERE | Here Group Limited | NASDAQ | Leisure | Jan 25, 2023 | N/A | N/A | N/A | $134.1M | N/A |
| CVKD | Cadrenal Therapeutics, Inc. | NASDAQ | Biotechnology | Jan 20, 2023 | $5.00 | N/A | +6.6% | $13.4M | N/A |
| MGOL | MGO Global Inc. | Jan 13, 2023 | $5.00 | N/A | -92.6% | N/A | N/A | ||
| SKWD | Skyward Specialty Insurance Group, Inc. | NASDAQ | Insurance - Property & Casualty | Jan 13, 2023 | $15.00 | N/A | +203.9% | $2.0B | N/A |