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IPO Prospectuses

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IPO prospectus examples: read the cover accurately

These examples demonstrate document-reading tasks using the selected original covers. They are source observations, not recommendations about the issuers.

Synoptic research·Reviewed 2026-11-14·How we assess sources

Who receives the proceeds?

Chime’s final IPO cover distinguishes company shares from shares sold by existing holders and states that the company does not receive proceeds from those holders’ sales. Figma and Circle also separate primary shares from selling-stockholder shares.

The research task is to record each seller category and then read “Use of Proceeds.” Total offering value and cash received by the issuer are different quantities. Do not multiply all offered shares by price and call the result issuer proceeds.

ChimeTrace company proceeds vs selling-stockholder salesRead original
FigmaSeparate the issuer and selling-stockholder allocationsRead original
CircleRead primary/secondary shares and offering identityRead original

Which offering is this?

Medline’s selected December 2025 document calls the transaction an initial public offering. Later 2026 424B4 filings have different registration numbers. They are useful company documents, but they should not silently replace the IPO source in an archive.

Cerebras’s selected 2026 registration is also separate from its earlier withdrawn registration. Follow registration identity before constructing a timeline.

How to reproduce the observation

Open the linked document and read the first cover paragraphs. Confirm the issuer and registration number, then use the table of contents for “Use of Proceeds,” “Principal and Selling Stockholders” or the equivalent heading in that document.

Record the observation with its exact document version. This exercise does not establish the company’s present ownership, cash balance or current investment outlook.

Source notes

  1. Cerebras Systems Inc. — 424B4 (2026-05-14) ↗

    Final IPO prospectus; selected registration document

  2. Medline Inc. — 424B4 (2025-12-18) ↗

    Final IPO prospectus; selected registration document

  3. Figma, Inc. — 424B4 (2025-07-31) ↗

    Final IPO prospectus; selected registration document

  4. Chime Financial, Inc. — 424B4 (2025-06-12) ↗

    Final IPO prospectus; selected registration document

  5. Circle Internet Group, Inc. — 424B4 (2025-06-05) ↗

    Final IPO prospectus; selected registration document

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