Independent binaries. Prices can sum past 100%.
Rule
This market resolves YES to the CPG company that achieves the largest initial market capitalization on its first day of public trading in 2026. Source: Bloomberg, SEC filings, or official exchange data. If multiple IPOs occur on the same day with identical market caps, the company with the higher closing price on Day 1 is the winner.
Source: https://www.sec.gov/
Resolves by May 18, 2027.