NSCALE's IPO
Filed Sep 18, 2026 (Form S-1). No terms yet. Applied to list on NYSE as NSCL.
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Once NSCALE lists, Breakaway scores it against every US stock
- Its Quality Score from its second session, ranked against 3,191 stocks
- Every insider trade, the day it is filed
- The lock-up's end on your calendar, once the prospectus dates it
- An alert when its score is first set, and when it turns
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What does NSCALE do?
“Nscale is a full-stack AI hyperscaler, building the engine of superintelligence.”
| Fact | NSCALE |
|---|---|
| Founded | 2009 |
| Incorporated | England and Wales, 2024 |
| Employees | over 1,000 full-time, as of August 31, 2026 |
| Website | nscale.com |
What is the offering?
Each figure names the filing it is from and that filing's date. The market cap is Breakaway's arithmetic from the prospectus's share count.
| Fact | NSCALE |
|---|---|
| Underwriters | Goldman Sachs, J.P. Morgan, Morgan Stanley, RBC Capital Markets, BofA Securities, and Deutsche Bank, and 16 more |
| Exchange | New York Stock Exchange, as NSCL (applied to list) |
What the filing says about its money
| Fact | NSCALE |
|---|---|
| Revenue | $33 million, year to December 31, 2025 |
| Cash | $1.50 billion, as of June 30, 2026 |
| Last preferred stock | Series C preferred |
What risks does NSCALE name first?
- “Our recent growth may not be indicative of our future growth, and if we do not effectively manage our future growth, our business, operating results, financial condition, and future prospects may be adversely affected.”
- “Our business is vertically-integrated and therefore highly capital-intensive, and we will require additional capital to fund our business and support our growth, and any inability to generate or obtain such capital on acceptable terms, if at all, or to lower our total cost of capital…”
- “Our current pipeline and future growth rely on significant continued expansion of our data center footprint.”
Every date of NSCALE's IPO
| What | Day |
|---|---|
| Registration filed | Sep 18, 2026 |
| Lock-up | 180 days |
The other IPOs expected
| Company | Price |
|---|---|
| $19 to $21 | |
| $15 to $17 | |
| $15 to $17 | |
| $7 | |
| $5 to $7 |
NSCALE IPO questions
When is NSCALE's IPO?
Filed Sep 18, 2026 (Form S-1). No terms yet. Applied to list on NYSE as NSCL.
What is NSCALE's IPO price?
NSCALE has not set a price range yet; its Form S-1 of Sep 18, 2026 leaves it blank.
Who are the underwriters?
Goldman Sachs, J.P. Morgan, Morgan Stanley, RBC Capital Markets, BofA Securities, Deutsche Bank, Credit Agricole, TD Securities, Mizuho, KeyBanc Capital Markets, Cantor, SMBC Nikko, Wolfe | Nomura Alliance, Citizens Capital Markets, Loop Capital Markets, Roth Capital Partners, ABN AMRO, Compass Point, DNB Carnegie, Rosenblatt, SEB, and Tigress Financial Partners, as the prospectus's cover names them.
When does the lock-up end?
Its prospectus sets a lock-up of 180 days; the day it ends is read from its final prospectus once it lists.
Does Breakaway rate NSCALE?
Breakaway scores a new stock from its second trading day, ranked against every US stock it scores. For its first 21 sessions the page says New listing in place of the tier, and each check that needs more history waits for it.
Can Breakaway say where NSCALE's price will go?
No. Breakaway does not say where a price will go. Every figure here is from the company's SEC filings, linked on each line.
We do the work for you. Every stock is scored and ranked, every 15 seconds while the market is open. Here it's 15 minutes behind. Pro members see it live.
Once NSCALE lists, Breakaway scores it against every US stock
- Its Quality Score from its second session, ranked against 3,191 stocks
- Every insider trade, the day it is filed
- The lock-up's end on your calendar, once the prospectus dates it
- An alert when its score is first set, and when it turns
See it live, free until Wednesday morning. No account. No card. Then keep going with a free account.