IPOQB Recommendation · Helios Compute
We recommend
Nasdaq IPO
Proceed
The path that maximises shareholder value — the highest expected valuation with a strong, de-risked probability of getting to the bell.
Probability
0%
successful admission
Confidence
0%
in this recommendation
Expected valuation
$6.15B
post-money
Capital raise
$750M
primary proceeds
Expected cost
$48M
6.4% of raise
Target listing
Q2 2027
recommended window
Second best
NYSE
New York Stock Exchange
98
fit
Third best
NYSE American
NYSE American
90
fit
AI
Why Nasdaq?
Home-market venue for United States
Matches your “United States” listing preference
Deep ai investor base
Depth for large-cap issuers
Highest expected post-money valuation ($6.15B) across the 32 venues modelled.
87% modelled probability of a successful admission within 24–28w of kickoff.
Opportunity cost — Nasdaq instead of NYSE
What the board gives up — or gains — by choosing the recommended venue over the next-best alternative.
Expected valuation
+$100M
Expected cost
+$0M
Timeline
+0 wks
Net shareholder benefit
+$100M
Expected shareholder value
+$1.00B
created vs the median alternative venue
Founder stake value$3.13B
Listing readiness88%
Recommended windowQ2 2027
Figures illustrative. This is decision support toward the endzone, not investment advice.
Test the assumptions — Scenario Lab →See the full 13-pillar analysisGenerate the board pack