Stockadora

IPOs / April 2026

Elmet Group Co. went public at $14.00 a share

It sold 8,571,428 shares under the ticker ELMT and raised $120.0 million before costs.

Final prospectus (424B4) filed April 23, 2026

The terms

  • Offered 8,571,428 shares Checked
    Source
    “We are offering 8,571,428 shares of our common stock.”
    A model read this, and code confirmed the quote appears in the filing.
  • Price per share $14.00 Checked
    Source
    “The initial public offering price per share of our common stock is $14.00.”
    A model read this, and code confirmed the quote appears in the filing.
  • Raised $119,999,992before fees and costs Checked
    Source and check
    Shares × price = 8,571,428 × $14.00 = $119,999,992. They match.
    “Initial public offering price | $14.00 | $119,999,992 | $137,999,988”
    A model read this, and code confirmed the quote appears in the filing.
  • Bank fee $8,399,999$0.98 a share, 7.0% of the raise Checked
    Source
    “Underwriting discounts and commissions(1) | $0.98 | $8,399,999 | $9,659,999”
    A model read this, and code confirmed the quote appears in the filing.
  • Company receives first $111,599,993before other costs Checked
    Source and check
    Raised − bank fee = $119,999,992 − $8,399,999 = $111,599,993. They match.
    “Proceeds to us, before expenses(2) | $13.02 | $111,599,993 | $128,339,989”
    A model read this, and code confirmed the quote appears in the filing.
  • Ticker ELMT Checked
    Source
    “We have been approved to have our common stock listed on the Nasdaq Stock Market LLC (“Nasdaq”) under the symbol “ELMT.””
    A model read this, and code confirmed the quote appears in the filing.
  • Final prospectus filed April 23, 2026
Not investment advice.Open the filing on SEC.gov

Where the money goes first

The banks take their fee before the company sees the money.

Raised $120.0M, bank fee $8.4M, company receives $111.6M before other costs$120.0MRaised−$8.4MBank fee$111.6MCompany receives first

Who owns the company after the IPO

From the prospectus 8,571,428 of 28,847,649 shares outstanding after the offering (29.7%).

New public investors own 29.7 percent after the IPO, earlier owners 70.3 percentOwners before the IPO 70.3%29.7%New public investors

Where Elmet Group Co. sits among the last 12 months

Each bubble is one IPO. Bigger and higher means more money raised. The scale grows by ten times at each line.

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