What an IPO is, how the issue works and the terms you see on every IPO page, explained in plain language.
How a US IPO works step by step: confidential S-1 filing, SEC review, roadshow and price range, pricing, the 424B4 final prospectus, first trade and lock-up.
Oct 27, 2026·4 min read
Dates, price bands, lot sizes and financials from offer documents.
