US IPOs and Secondary Offerings, IPO Boutique

IPO Boutique

For more than 20 years, we have been providing research, analysis, commentary and ratings on US Equity Capital Markets to institutional investors (US IPOs and Secondary Offerings). Our vast network of contacts across the Equity Capital Markets and attention-to-detail sets us apart from our competitors.

Since 2012, we have achieved a successful hit rating on 89% of Buy-rated IPOs. The collective “Buy” ratings averaged a first trade of 16.3% above issue.Our Neutral Rated Deals averaged just 2% above the issue price at first trade.

Our written research includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

In addition, we provide a high-touch premium desk access which includes analyst access, as well as real time insights on US IPOs as well as secondary offerings.

US IPOs and Secondary Offerings

ERock Inc (EROC): Another AI Power Play Sets Terms for IPO

ERock, Inc. (EROC): Peeking at the IPO Prospectus of a Multi-Purpose Distributed Power System

ERock Inc (EROC): High Demand in Another IPO to Power the AI Arms Race

IPOs and Secondary Offerings

Equity Capital Markets

<ul>
<li>ERock priced at $21.50 but fell 13% on debut, closing at $18.75 amid heavy de-risking and weak first-day institutional demand.</li>
<li>Despite strong $1.28B backlog and AI-linked power demand narrative, liquidity shifted toward competing high-profile offerings like SpaceX.</li>
<li>Long-Term fundamentals remain intact, but IPO execution highlights valuation sensitivity and timing risk in crowded AI infrastructure capital markets.</li>
</ul>


ERock priced at $21.50 but fell 13% on debut, closing at $18.75 amid heavy de-risking and weak first-day institutional demand.
Despite strong $1.28B backlog and AI-linked power demand narrative, liquidity shifted toward competing high-profile offerings like SpaceX.
Long-Term fundamentals remain intact, but IPO execution highlights valuation sensitivity and timing risk in crowded AI infrastructure capital markets.


ERock Inc (EROC):  Powering AI Story Meets Market Reality in Disappointing ERock Debut