Goldman Sachs

Space analytics company HawkEye 360 set its initial public offering (IPO) price at $26 on Wednesday. The Herndon, Virginia-based company sold 16 million shares, which is expected to raise about $416 million. HawkEye is expected to begin trading on Thursday on the New York Stock Exchange under the ticker symbol "HAWK." A Strategic Move The offering consists entirely of newly issued common shares being sold by HawkEye 360. The company said the $416 million figure is before underwriting fees and other costs tied to the deal. Underwriters also received a 30-day ability to buy up to 2.4 million additional shares at the IPO price, minus underwriting discounts and commissions. That provision could expand the share count sold if exercised. The offering was underwritten by Goldman Sachs, Morgan Stanley, RBC Capital Markets, Jefferies and BofA Securities. Growing Demand for Space Intelligence Several major developments are underway in the industry. The White House rolled out the National Initiative for American Space Nuclear Power, SpaceX's potential record setting IPO is capturing massive investor attention, and NASA's Artemis II mission successfully brought astronauts back from deep space for the first time in more than five decades. Planet Labs PBC (NYSE: PL) shares have experienced a significant uptick in stock value, reflecting the overall rising tide in the space ecosystem as firms gear up for their own public offerings. IPO Market Is Growing HawkEye's debut comes amid signs of recovery in the U.S. IPO market following a volatile start to 2026. X-Energy Inc. (NASDAQ: XE) debuted on April 24, with shares opening at $30.11, up 31% from the $23 IPO price after the company raised about $1.02 billion in an upsized offering. Aevex Corp. (NYSE: AVEX) jumped 35% in its April 17 NYSE debut after raising $320 million, highlighting strong investor appetite for defense-linked companies. SoftBank Group Corp. is also preparing for a major market move, targeting a 2026 IPO for Roze AI, its autonomous robotics venture for data center construction, at a potential valuation of up to $100 billion. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by a Benzinga editor.

Discord Inc. has confidentially filed for an initial public offering with Goldman Sachs and JPMorgan as lead banks, targeting a March listing timeline. The San Francisco-based chat platform, popular among gamers and programmers, serves over 200 million monthly users and operates on a freemium model with its paid Nitro subscription service. The company was last valued at ₹1,24,650 crores ($15 billion) in 2021 and joins a growing pipeline of venture capital-backed technology companies preparing for public listings amid a strengthening US IPO market.

The funding includes a $200-million primary investment led by Goldman Sachs, and a purchase of shares worth $40 million from US-based venture capital firms IVP, Menlo Ventures, and Unusual Ventures from the company’s employees, founder Jyoti Bansal told ET.