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Rule
Resolves YES for the child whose company completes an IPO on a major U.S. exchange (NYSE or Nasdaq) in calendar year 2026 and achieves the largest market capitalization at the end of its first trading day, as reported in its SEC Form S-1 or S-11 filing and confirmed by Reuters, CNBC, or Bloomberg coverage of the IPO pricing. 'Snack category' includes chips, crackers, bars, popcorn, jerky, cookies, and better-for-you snacks. Market cap is calculated as shares outstanding multiplied by the IPO price. If two companies tie, the one with higher first-day closing price wins. 'None of the above / No snack IPO' resolves YES if no snack-category company completes an IPO on NYSE or Nasdaq by December 31, 2026. Exactly one child resolves YES.
Source: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=S-1&dateb=&owner=include&count=40
Resolves by May 31, 2027.
13 comments
everyone's pricing in a snack ipo like we didn't just watch three founders spend eighteen months explaining why their last funding round wasn't actually about growth
not a snack play but this is exactly why none of these brands are ready for an ipo yet. x.com/modernretail/status/2058873246372552968
none of these brands have the unit margin story or the retail sales that celsius had pre-IPO, which is the actual floor for public markets right now.
honestly the bar for "biggest" is so high right now that i'd need to see someone actually file before i move off none of the above
none of these brands have the cash discipline to survive a reset cycle, let alone file by 2026
nobody's shipping a snack ipo in 2026 because the ones that could afford to go public already did
nobody's ready to go public in this rate environment, and the ones who think they are will get punished the second their first guidance misses.