The IPO Radar

About The IPO Radar

What we do

The IPO Radar publishes per-event analyses of U.S. IPOs. For every priced 424B4 filing, we generate a brief that covers the company, the business model, the comp set, the financial trajectory, the offering structure, and the watchpoints a careful reader should track. The goal is to be the de facto place a thoughtful retail investor or researcher goes to think about an IPO.

How the analysis is produced

Each brief is produced by an AI-assisted pipeline with editorial oversight. The pipeline ingests the underlying SEC filing (the 424B4 prospectus), processes it through a multi-stage analytical chain, and surfaces a draft that is then reviewed against a rubric before publication.

  • Ingestion. The pipeline watches SEC EDGAR for new IPO filings and pulls the prospectus directly from the regulator's primary source.
  • Research. A research stage extracts structured facts from the filing and supplements them with public market data (Polygon, Massive Markets) and named press coverage.
  • Composition. An analytical writer composes the brief using the structured fact base, following an explicit voice and sourcing playbook.
  • Review. Every draft is scored by an independent critic on clarity, thesis, depth, evidence, comparables, honesty, and structure. Drafts that score below 4.0/5.0 or that contain fabricated source citations are blocked from publication.
  • Editorial. Published briefs are reviewed by Ninad Naik, the editor, before they reach the public site.

Sourcing discipline

Every load-bearing claim in a brief cites a specific source. Sources are tiered:

  • Primary — the SEC filing itself or other regulatory documents about the same issuer.
  • Secondary — named press coverage from recognized outlets and structured market-data services.
  • Tertiary — our own prior coverage and database.

The publishing gate refuses any brief that cites a source the pipeline cannot verify it actually retrieved. Zero tolerance.

What this site is not

Not investment advice. The IPO Radar is editorial coverage of public filings. We are not a registered investment advisor. Nothing on this site is a recommendation to buy, sell, or hold any security.

Not a real-time terminal. Briefs are snapshots of an issuer at the moment of an event (filing, pricing, debut). We do not update briefs as conditions change. Treat any brief as research as-of its publication date.

See disclosures for the full policy.

The editor

Ninad Naik edits The IPO Radar. Reach out via the contact channels on the site.