About this repository

A durable, transparent, source-linked research repository explaining how operating companies entered the public markets — closer to an audit-quality research database than a financial blog.

What this is

The repository documents completed go-public transactions: traditional IPOs, foreign private issuer IPOs, direct listings, completed de-SPACs, reverse mergers, spin-offs and uplistings. For each one it sets out:

How the transaction was structured.
Who received the economic benefit.
What valuation public investors paid at the transaction date.
What happened to the company and the shares afterward.

Long-form pages are the visible product. Underneath, a normalized data layer supports search, filtering, comparison, calculation, validation and export.

What this is not

Not investment advice. Nothing here is an offer, a solicitation or a recommendation. Pages state what a transaction did and who benefited; they do not tell a reader what to buy.
Not a filing mirror. Issuer-authored text is not reproduced in bulk. Facts are extracted and paraphrased, quotations are sparing, and everything links to the source.
Not real-time. Every page carries an analysis-as-of date and a last-verified date. Time-sensitive figures are refreshed on a schedule.
Not complete. Coverage begins with 2026 and works backward. Every page lists its own open items rather than implying that silence means nothing is missing.

How it is built

A static site: GitHub for version control and editorial review, Astro for content collections and schema validation, Markdown/MDX for narrative, JSON for normalized facts, Python for SEC ingestion and validation, and Cloudflare Pages for hosting. The full pipeline is described in the methodology.

Automated SEC access follows the SEC’s fair-access guidance, including a declared user agent and the current 10-requests-per-second guideline.

Corrections

Errors are expected in work of this kind, and correcting them visibly is part of the standard. Every page carries a revision history recording what changed and when. If you find an error — a misreconciled figure, a broken locator, a superseded fact — please open an issue on the repository with the transaction slug and the source-register ID in question.

Sources

Primary sources are SEC filings on EDGAR, issuer press releases and investor-relations disclosures, exchange notices and market-data providers. Each is listed with a pinpoint locator in the relevant page’s source register.