US IPO Pipeline SEC S-1 Filings — June 30, 2026

30-06-2026

Matternet, Inc. (formerly Los Altos Ventures Corp.) filed an S-1 registration statement with the SEC on June 30, 2026, for its initial public offering. The company, a drone logistics and aircraft manufacturer based in Mountain View, CA, reported a net loss of $28.2 million for the fiscal year ended September 30, 2025, compared to a net loss of $20.1 million in the prior year, reflecting widening losses. However, the company has raised significant capital through multiple convertible note and preferred stock issuances, including a $10.0 million secured convertible promissory note in March 2026 and a related-party Series B preferred stock issuance in May 2026.

• · The company changed its name from Los Altos Ventures Corp. to Matternet, Inc. on June 27, 2025.
• · Fiscal year ends December 31.
• · The company has multiple series of preferred stock: Series Seed, Series A, Series A2, Series B1, B2, B3, B4, B5.
• · Subsequent events include a $10.0M secured convertible promissory note (March 3, 2026) and a related-party Series B preferred stock issuance (May 12, 2026).
• · The company has outstanding warrants and convertible notes from 2023 and 2024.

30-06-2026

Angel Studios, Inc. filed an S-4 registration statement on June 29, 2026, in connection with its proposed mergers with TCP and TTS, supported by fairness opinions from Economics Partners, LLC. The filing includes key agreements such as support agreements with equity holders of TCP and TTS, stock restriction agreements for key operators, and an underwriting agreement dated April 10, 2026. No financial performance data is provided in this filing, so no positive or negative metrics are available.

• · The S-4 registration statement was filed on June 29, 2026, with the SEC.
• · Fairness opinions for both the TCP and TTS mergers were provided by Economics Partners, LLC.
• · An underwriting agreement was entered into on April 10, 2026, with Roth Capital Partners, LLC as representative of the underwriters.
• · Support agreements are in place with certain key equity holders of TCP and TTS.
• · Key operator stock restriction agreements are included for Shining Isle Productions (TCP) and for Brock Starnes and Garrett Taylor (TCP).
• · The filing incorporates by reference numerous prior agreements, including a Settlement Agreement dated August 26, 2020, and various promissory notes and loan agreements.

30-06-2026

AMASS BRANDS filed an S-1 registration statement for a direct listing on Nasdaq, disclosing executive compensation for FY2024 and FY2025. CEO Mark T. Lynn's total compensation increased 20% YoY to $200,600, while COO Erin K. Green's total compensation surged 496% to $1,192,600, driven by $992,000 in stock option awards. However, no named executive officers received bonuses in either year, and the company made no employer 401(k) contributions. CFO Zach Ament was appointed in August 2025 and received $781,225 in total compensation, including $620,000 in option awards.

• · No named executive officers received bonuses in FY2024 or FY2025.
• · Company made no employer matching or nonelective contributions to the 401(k) Plan in FY2024 or FY2025.
• · CEO Mark T. Lynn's base salary was reduced to $66,560 at the start of 2024 due to business needs, then increased to $200,000 in April 2024.
• · CFO Zach Ament was appointed in August 2025; he previously served as Director of Finance.
• · Former Interim CFO Geoffrey McFarlane's compensation decreased slightly from $241,904 in FY2024 to $240,000 in FY2025.
• · All stock options granted in FY2025 vest over 48 months (ratable monthly installments).
• · The company plans to review and potentially adjust executive base salaries in connection with the direct listing.
• · The company has adopted a code of business conduct and ethics applicable to directors, officers, and employees.

30-06-2026

SunPower Inc. (formerly Complete Solaria, Inc.) filed an S-1 registration statement for a securities offering. The company has completed several acquisitions (Sunder, Ambia, Cobalt, and the SunPower Businesses assets) to accelerate revenue growth and expand its residential solar footprint. The filing does not disclose specific financial results for the current period, so no period-over-period comparisons can be calculated; however, the company notes that the acquisitions are intended to drive growth, while the sale of Solaria's solar panel assets in 2023 for $11.0 million represents a strategic divestiture.

• · Rebranding to SunPower effective April 22, 2025, legally effective October 17, 2025.
• · Acquisition of SunPower assets (Blue Raven, New Homes, Non-Installing Dealer network) closed September 30, 2024 for an undisclosed amount.
• · Acquisition of Sunder Energy closed September 24, 2025.
• · Acquisition of Ambia Energy closed November 21, 2025.
• · Acquisition of Cobalt Power Systems closed January 30, 2026.
• · Sale of Solaria's solar panel assets to Maxeon closed October 2023 for $11.0 million in Maxeon shares.
• · Company's fiscal year ends on December 29.
• · Principal executive offices located at 1403 N Research Way, Orem, Utah 84097.

30-06-2026

Flash Sports & Media Holdings (formerly urban-gro, Inc.) filed an S-1 registration statement for the resale of up to 62.7 million shares of common stock by selling stockholders. The company has a history of net losses and accumulated deficits, with an accumulated deficit of approximately $120.6 million and a stockholders' deficit of $40.9 million as of December 31, 2025. Additionally, revenue is highly concentrated, with 82% of 2024 revenue coming from Sri Lanka, and the company is substantially dependent on a single contractual relationship with Sri Lanka Cricket for the Lanka Premier League. While the company regained Nasdaq compliance in March 2026 after a series of deficiencies, it remains under a one-year discretionary panel monitor, and there is no assurance it will maintain compliance.

• · As of December 31, 2025, the company (legacy urban-gro) had an accumulated deficit of approximately $120.6 million and a stockholders' deficit of approximately $40.9 million.
• · For the year ended December 31, 2024, approximately 82% of IPG's total revenue was generated from customers based in Sri Lanka, with the remaining 18% derived from Zimbabwe.
• · The company has a going concern qualification and a history of net losses and accumulated deficits.
• · IPG had an accumulated deficit of $4.6 million and a working capital deficit of $1.9 million as of December 31, 2024.
• · Flash had an accumulated deficit of $500,000 as of December 31, 2024 and had never generated revenue.
• · The company settled a dispute with J Brrothers by issuing a promissory note with an original principal amount of $395,556 and 150,000 unregistered shares. No payments have been made under the note.
• · The company sold 2WR of Georgia for $2.0 million in cash.
• · The company regained Nasdaq compliance on March 4, 2026 but is on a one-year Discretionary Panel Monitor.

30-06-2026

Cartesian Growth Corp III (CGCTU) filed an S-1 registration statement on June 30, 2026, for Factorial Energy Inc., indicating a planned business combination or IPO. The filing includes extensive financial data on redeemable convertible preferred stock series, warrant liabilities, and stock-based compensation, with valuations using option pricing models and SPAC exit scenarios. The filing shows a net loss of $25.1 million for the three months ended March 31, 2026, compared to a net loss of $18.5 million for the same period in 2025, reflecting increased operating expenses.

• · Filing includes redeemable convertible preferred stock series: Series D, Series C2, Series C1, Series B1, Series A2, Series A1.
• · Warrant liabilities include Series D and Series B1 warrants valued using option pricing models and SPAC exit scenarios.
• · Stock-based compensation includes stock options and restricted stock units subject to performance conditions.
• · Property, plant and equipment includes assets in the US and South Korea (machinery, buildings, land, construction in progress).