Market Wrap-Up – Second Quarter 2026
This edition of my market recap covers the second quarter of 2026.
Six small cap ($30,000,000 and under) IPOs priced in the second quarter of 2026 (1 in April, 5 in May and 0 in June) – which is only one more than the dismal first quarter of 2026. On the other hand, direct listings continue a somewhat regular stream with 5 trading in Q2 2026. Below is a chart of relevant deal information for the second quarter IPOs.
| Exchange | Offer Amount | Domestic/Foreign Issuer | Banker(s) |
| Nasdaq Capital | $16,531,317 | Foreign | Benchmark, a StoneX Company |
| Nasdaq Global | $22,800,000 | Foreign | Alliance Global Partners |
| Nasdaq Capital | $9,225,000 | Domestic | Maxim Group, LLC |
| NYSE MKT | $15,000,000 | Domestic | Benchmark, a StoneX Company |
| Nasdaq Capital | $19,375,000 | Domestic | Lucid Capital Markets |
| Nasdaq Capital | $15,000,000 | Foreign | Joseph Gunnar & Co., LLC |
The Author
Laura Anthony, Esq.
Founding Partner
Anthony, Linder & Cacomanolis
A Corporate and Securities Law Firm
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