Nasdaq IPO Execution
Go public with confidence
Transparency and efficiency through proprietary technology.
For 50 years, Nasdaq has been a leader in the exchange space through our technology innovations. We built our IPO process in partnership with the investment banking community, ensuring that they have the control and information they need to successfully open your IPO.
When companies list on Nasdaq, there are registered Market Makers who are actively trading and providing liquidity to buyers and sellers to reflect the current market conditions.
on average who actively trade and provide liquidity to buyers and sellers to reflect the current market conditions.
Your bankers will match up demand and interest to set the offering price.
Nasdaq accepts IPO securities orders for a minimum of 10 minutes. Orders can be cancelled during this time.
Stabilization Agent and execution team determine when to launch trading.
Order modification can no longer be entered into system.
Nasdaq IPO Execution Officer opens the security.
Continuous trading occurs throughout rest of session.
Bumble, AppLovin, Shoals Technologies Group, Playtika Holding, Qualtrics International. Align with industry innovators and category creators. You're in great company at Nasdaq.
Our IPO leadership extended to 36 consecutive quarters in the U.S. with a 89% win rate for operating company IPOs.
We have received your request and will soon be in touch to schedule your time with an advisor. Nasdaq looks forward to helping you advance your listings efforts.
Companies go public to raise capital and provide liquidity. The capital can be deployed for potential growth and expansion opportunities. Listing their shares on the exchange provides liquidity to early shareholders and investors.
The main difference between a direct listing and an IPO is that a company does not raise capital with a direct listing. When a company decides to go public, there are typically existing shareholders including founders, employees, and various early stage investors who seek liquidity. Both an IPO and a direct listing enable these investors to have the opportunity to sell their shares. In an IPO, there is a lock-up period—typically 180 days—in which shareholders are restricted from selling outside of the initial public offering. In a direct listing, there are no lock-up restrictions.
At Nasdaq our “Modern Day IPO” process leverages data and technology to open IPOs electronically and remotely. Even when physical trading floors were closed during the pandemic, Nasdaq used its same technology to launch IPO first trades in coordination with the lead underwriter to provide best-in-class IPO execution.
The Bookviewer is Nasdaq’s state-of-the-art technology platform that allows a stabilization agent 100% of the aggregated order book. All the information provided by the Bookviewer helps to enable the lead bank to efficiently open an IPO on the Nasdaq Stock Market.
At Nasdaq, we believe in transparency and a marketplace where investors can compete for the best price. We provide this information through our Bookviewer technology, an innovative web-based solution designed to help banks mitigate volatility and ensure the security opens at the right price.