Latest S-1 registration statements

Drugs Made In America Acquisition II Corp. files S-1 for a $500 million initial public offering to target pharmaceutical industry businesses.

New Era Helium Inc. is grappling with significant financial challenges, including a substantial net loss, a working capital deficit, and a Nasdaq delisting notice, compounded by the termination of a key helium sales agreement.

McGraw Hill, a leading global education solutions provider, filed an S-1/A for its initial public offering of 24.39 million shares, aiming to raise approximately $466.6 million to repay a portion of its A&E Term Loan Facility, as it continues its digital-first strategy and leverages AI in learning solutions.

Cantor Equity Partners IV, Inc., a blank check company, is launching an initial public offering of 40 million Class A ordinary shares at $10.00 per share, aiming to raise $400 million for a business combination.

Miami International Holdings, Inc. files for an initial public offering on the NYSE, highlighting strong options market growth, strategic acquisitions, and plans for new proprietary products, despite recent net losses.

Picard Medical, Inc., developer of the FDA-approved SynCardia Total Artificial Heart, is seeking to raise $17 million in its initial public offering to fund operations and product development, despite a history of substantial operating losses and auditor-raised going concern doubts.

Aether Holdings, a financial technology platform, is launching a $40 million public offering to fund a new Bitcoin treasury strategy, following recent revenue declines and an initial public offering in April 2025.

Predictive Oncology Inc. has filed an S-1 registration statement to allow for the resale of up to 1.92 million shares by an institutional investor, potentially raising up to $10 million for the company, as it faces Nasdaq delisting for failing to meet listing standards and grapples with substantial doubt about its ability to continue as a going concern.

Tri-County Financial Group, Inc. has filed an S-1/A registration statement to facilitate the resale of 563,064 common shares by Castle Creek Capital Partners VI, LP, while reporting a slight decrease in Q1 2025 net income despite improved net interest margin and strong capital ratios.

Innovative Eyewear, Inc. has filed an S-1 registration statement for the resale of up to 2,370,345 shares of common stock by selling stockholders, while emphasizing its expanding smart eyewear product lines and market opportunities.

Curanex Pharmaceuticals Inc., a developmental stage company focused on botanical drugs, is launching an initial public offering of 3.75 million shares to raise approximately $12.1 million, aiming to advance its lead candidate Phyto-N into clinical trials for ulcerative colitis and other inflammatory conditions.

ZyVersa Therapeutics, a clinical-stage biopharmaceutical company, is registering shares for resale to raise capital following its delisting from Nasdaq and amidst significant financial challenges, including substantial doubt about its ability to continue as a going concern.

Blackstone Real Estate Income Trust, Inc. (BREIT) has filed an amended registration statement for a continuous offering of up to $60 billion in common stock, outlining its updated share repurchase plan, investment strategy, and comprehensive fee structure.

Sky Quarry Inc. has filed an S-1 registration statement to allow a selling stockholder to resell up to 13.8 million shares and to potentially raise up to $8.125 million through future common stock sales to the same investor, aiming to fund debt repayment and working capital.

Accelerant Holdings, a data-driven specialty insurance marketplace, filed an amended S-1 registration statement for its initial public offering, showcasing significant premium and revenue growth, a shift to profitability, and plans to raise up to $355.1 million.

Biopharmaceutical company Azitra, Inc. filed an S-1 registration statement to allow selling stockholders to resell up to 2.2 million shares underlying warrants, while acknowledging substantial doubt about its ability to continue as a going concern and a significant drop in its stock price since its 2023 IPO.

Scientific Industries, Inc. (SCND) filed an S-1/A registration statement for the resale of 3.1 million shares by existing stockholders, highlighting ongoing financial losses, a going concern risk, and a strategic pivot towards its Bioprocessing Systems segment despite current revenue declines.

Thoughtful Media Group Incorporated, a digital advertising company, has filed an S-1/A amendment for its initial public offering, seeking to raise up to $16.875 million, despite reporting significant net losses and a working capital deficit that raises substantial doubt about its ability to continue as a going concern.

Avidbank Holdings, a California-based commercial bank, has filed an S-1 registration statement for its initial public offering on the Nasdaq Global Select Market, outlining its strong financial performance, diversified lending strategy, and plans for continued organic growth.

TruGolf Holdings, Inc. is addressing Nasdaq listing deficiencies and securing new capital through an equity purchase facility and convertible notes, while reporting increased revenue and expanding its indoor golf simulator and software business.

Firefly Neuroscience, an AI-driven neuroscientific solutions company, has filed an S-1 registration statement for the resale of over 6 million common shares, while reporting substantial accumulated deficits and negative cash flows that raise significant doubt about its ability to continue as a going concern.

Blaize Holdings, an AI-enabled edge computing solutions provider, reported substantial operating losses and negative cash flows, prompting an auditor's going concern warning, even as it secures a new $50 million committed equity facility to fund its next-generation chip and commercialization efforts.

TEN Holdings, Inc. filed an S-1 registration statement to enable Lincoln Park Capital Fund, LLC to resell up to 7 million shares, providing the company with a potential capital infusion of up to $20 million, while simultaneously grappling with significant financial instability and non-compliance with Nasdaq listing requirements.

Tecogen Inc. has filed an S-1MEF to register an additional 918,333 shares of common stock, including an over-allotment option for underwriters, to increase the size of its ongoing public offering.

FG Merger III Corp., a blank check company, filed an S-1/A for its initial public offering of 20 million units at $10.00 each, targeting a business combination in the North American financial services industry.

Heartflow, a pioneer in AI-powered coronary artery disease diagnostics, has filed its S-1 registration statement for an initial public offering, showcasing significant revenue growth and an expanding product pipeline despite ongoing net losses.

McGraw Hill, a leading global education solutions provider, is pursuing an Initial Public Offering of 24.39 million shares at an estimated price range of $19.00 to $22.00 per share, aiming to reduce its substantial debt while continuing its digital and AI-driven growth strategy.

BRB Foods Inc., a Brazilian dry food manufacturer, is pursuing an initial public offering on Nasdaq to fund its strategic national relaunch of 64 products by Q3 2025, despite recent net losses and a temporary sales pause.

A newly formed blank check company, Timber Road Acquisition Corp., aims to raise $200 million through an initial public offering to pursue a business combination in the real estate and consumer industries, emphasizing experienced management and strategic market insights.

Biofrontera Inc. has filed an S-1 registration statement to allow selling stockholders to resell 13,602,176 shares of common stock issued from the conversion of Series C Convertible Preferred Stock, with the company not receiving any proceeds from these sales.