Initial Public Offerings (IPOs) | Hatch

About IPOs

What is an IPO?

An IPO is the process where a company creates new shares which are then listed on the share markets to raise money

Written by Tyren Temple
Updated over a week ago

What is the process companies go through to IPO (AKA go public)?

The process of going public involves a fair amount of complexity for businesses (but not for investors!)

Written by Tyren Temple
Updated over a week ago

How to speak IPO: A glossary

Going public can be a technical process for companies, but it’s simple for investors - and technical language doesn’t have to put you off

Written by Tyren Temple
Updated over a week ago

What are the risks of investing in an IPO?

As with any investing, buying shares in an IPO comes with risks (and benefits).

Written by Tyren Temple
Updated over a week ago

What is a Special Purpose Acquisition Company (SPAC)?

SPACs were Wall Street's hottest trend in 2020 delivering newly listed companies into investor's pockets.

Written by Tyren Temple
Updated over a week ago

How to participate in IPOs with Hatch

How do I participate in IPOs with Hatch?

Once you’ve deposited money into Hatch, you can participate in IPOs

Written by Tyren Temple
Updated over a week ago

How will the first IPO be different to future IPOs on Hatch?

DriveWealth couldn’t be part of this IPO, so we’re doing it ourselves (Kiwi Wealth & PCN), with a little help from our new friend ClickIPO.

Written by Natalie Ferguson
Updated over a week ago

Are IPOs listed on Hatch?

Yes! In a New Zealand exclusive, everyday investors can now participate in some global IPOs with Hatch

Written by Tyren Temple
Updated over a week ago

Who can’t participate in IPOs with Hatch?

Some people who work in the finance industry can’t participate in IPOs with Hatch

Written by Tyren Temple
Updated over a week ago

What if Hatch runs out of IPO shares?

It’s a real possibility - IPOs can play out in one of three ways

Written by Tyren Temple
Updated over a week ago

Are IPO share requests available for Trust accounts?

Yes! Trust accounts are welcome on Hatch.

Written by Tyren Temple
Updated over a week ago

When will I know if my IPO share request was successful?

Once share requests close, we’ll email to let you know the final IPO share price and how many shares you received.

Written by Natalie Ferguson
Updated over a week ago

Can I change or cancel my IPO share request?

Yes! You’ll be able to cancel your share request until the IPO closes.

Written by Natalie Ferguson
Updated over a week ago

Why are there two transactions for my Allbirds IPO shares in my transaction history?

This is different than your usual experience in Hatch

Written by Natalie Ferguson
Updated over a week ago

Is there a minimum IPO share request?

Yes, for our first IPO it’s $50 and there will be no fractional shares available.

Written by Tyren Temple
Updated over a week ago

Is there a maximum IPO share request?

There is no maximum but you may not receive all the shares you request.

Written by Tyren Temple
Updated over a week ago

Why is the indicative IPO price range different from when I placed my request?

The IPO share price is set by both the company and underwriter - it may be changed before the company goes public.

Written by Tyren Temple
Updated over a week ago

Am I guaranteed the amount I request during an IPO?

In short, no. We can’t guarantee you’ll get the full amount you requested, or any shares at all.

Written by Tyren Temple
Updated over a week ago

What happens if a final IPO share price is higher than the estimated range?

Your request may be automatically completed or you may need to reconfirm it

Written by Tyren Temple
Updated over a week ago

What happens after an IPO completes?

Why is the final IPO price different from the opening price when shares are listed?

A company and its underwriters decide the IPO share price.

Written by Tyren Temple
Updated over a week ago