#sec Tech News.

Publicly traded stocks are liquid assets because they can be sold in seconds during market hours and cash settles one business day later under the SEC's T+1 rule. Large companies like Apple, Microsoft, and Nvidia trade tens of millions of times daily, ensuring a buyer is almost always available.

Airbnb's 2020 IPO priced shares at $68 and closed at $144.71. A company sells shares to the public for the first time through an initial public offering, filing a Form S-1 with the SEC, undergoing review, and listing on exchanges like Nasdaq. The process raises capital, provides liquidity, and allows early investors to exit. Rivian raised $11.

The SEC proposed scrapping NMS rules Rule 611 and Rule 610(e), which Galaxy's Alex Thorn called a major unlock for tokenized stocks. The rules currently prevent automated market makers from legally trading tokenized US equities in DeFi because they cannot comply with trade-through and best-price requirements.

Senator Elizabeth Warren urged the Securities and Exchange Commission to delay SpaceX's initial public offering before its planned Nasdaq debut. The request cited concerns over worker safety and corporate governance at Elon Musk's space company.

Senator Elizabeth Warren called on the SEC to delay SpaceX's IPO, citing concerns about valuation and governance. Warren flagged potential conflicts of interest around Elon Musk's power and the risk of forcing passive index fund investors into SpaceX. SpaceX set a fixed $135 share price for its market debut.

DFIN introduced AI-powered iXBRL tagging for SEC filings. The system delivers breakthrough speed, accuracy, and control for regulatory compliance. The announcement came from the company.

OpenAI confidentially filed a draft S-1 registration statement with the US Securities and Exchange Commission, starting the IPO process. The filing keeps financial details private during regulatory review. The move follows Anthropic's confidential S-1 submission on June 1, placing both companies in a parallel AI IPO race.

OpenAI confidentially filed IPO papers with the SEC, stating it expects the filing to leak. The move sets the stage for another massive tech company float later in the year. The statement from OpenAI is very short and includes the phrase 'we expect it to leak'.

OpenAI confidentially filed a draft S-1 registration statement with the SEC for an IPO. The filing allows regulatory review while keeping financial and strategic details private. The move follows rival Anthropic's recent activity.

OpenAI submitted a confidential S-1 registration statement to the SEC for an initial public offering. The company expects the news to leak and has not decided on timing. OpenAI was valued at $852 billion in a March funding round and reported $2 billion in monthly revenue.

COO Jason E. Whitehead sold 3,901 shares of AMR stock for $830,000 at a weighted average price of $212.28. The stock rose 83% in one year and 996% over five years with a 61.5% CAGR, outperforming the S&P 500's 87% return and 13.4% CAGR. AMR's operating margin dropped to 2.0% from 50% in 2022 as metallurgical coal demand cooled.

OpenAI confirmed a confidential IPO filing with the SEC. The company stated the timing of a public offering remains open. The move signals a shift toward a for-profit structure while keeping financial details private until closer to a potential listing.

OpenAI confidentially filed for an IPO with the SEC, stating it has not decided on timing yet. The filing follows Anthropic's similar move a week prior and comes days before SpaceX is set to hit the public market. The company says its focus remains on building AI products, not preparing for a listing.

The SEC published its draft 2026-2030 strategic plan, naming digital assets and distributed ledger technologies as key areas for regulatory modernization. It calls for a clear regulatory foundation and separation of duties between the SEC and CFTC, with Bitcoin and Ethereum already designated as commodities. Smaller cryptocurrencies may be classified as unlicensed securities under the new framework.

The SEC declared effective Securitize's registration statement for a business combination with Cantor Fitzgerald affiliate CEPT. The deal values Securitize at a pre-money $1.25 billion equity value. Shareholder approval is scheduled for June 29. If approved, the RWA tokenization firm will become publicly traded.