IPO Journey
Elmet Group Co.
IPO Date: April 23, 2026 · 3 filings tracked
Final Offer Terms
Ticker
ELMT
Exchange
Nasdaq Stock Market LLC
Offer Price
$14.00
Shares Offered
8,571,428
Estimated Proceeds
$120.0M
Expected Listing
April 24, 2026
Underwriters
Led by Cantor Fitzgerald & Co., Needham & Company
Canaccord GenuityRoth Capital Partners
Filing Timeline
1
S-1
March 30, 2026
- Strategic U.S. defense supplier for mission-critical tungsten and molybdenum components.
- Only U.S.-owned manufacturer capable of processing raw heat-resistant metals for space and defense.
2
S-1/A
April 14, 2026
- Sole U.S.-owned manufacturer of specialized tungsten and molybdenum components for defense and aerospace.
- Proprietary high-tech infrastructure, including a rare 5,500-ton extrusion press.
Changes from previous filing
- ▸ Expected offer range: $12.0 – $14.0 per share
- ▸ Shares offered: 7,692,307
- ▸ Estimated proceeds: $92M
424B4
Final Pricing
April 23, 2026
- Essential supplier for over 100 U.S. defense programs
- Strong competitive moat with $1 billion+ in infrastructure replacement costs
Changes from previous filing
- ▸ Price range removed
- ▸ Final offer price: $14.0 per share
- ▸ Shares offered: 8,571,428
- ▸ Estimated proceeds: $119M
- ▸ Underwriters: Cantor Fitzgerald & Co., Needham & Company, Canaccord Genuity, Roth Capital Partners
Disclaimer: AI-generated analysis for informational purposes only. Not financial advice. Always conduct your own research.