US IPO Pipeline SEC S-1 Filings — April 15, 2026

15-04-2026

Basin Electric Power Cooperative filed an S-4 registration statement on April 15, 2026, for an exchange offer to exchange up to $700,000,000 aggregate principal amount of its outstanding 5.850% First Mortgage Obligations, 2025 Series A Bonds due 2055 (Original Bonds, CUSIP Nos. 070101 AJ9 and U06865 AB2) for a like principal amount of registered Exchange Bonds (CUSIP No. 070101 AK6). The Exchange Bonds have substantially identical terms to the Original Bonds except for the removal of transfer restrictions, registration rights, and additional interest provisions. The offer expires at 5:00 p.m., New York City time, on a date in 2026 (to be specified), unless extended, and will not increase the company's outstanding indebtedness as exchanged Original Bonds will be retired.

• ·Exchange Bonds secured equally and ratably under Amended and Restated Indenture dated May 5, 2015, by mortgage lien on substantially all owned tangible and certain intangible properties.
• ·No public market currently exists for Original Bonds; no plans to list Exchange Bonds.
• ·Broker-dealers receiving Exchange Bonds must deliver prospectus for resales for up to 180 days post-expiration.

15-04-2026

Merlin, Inc. (formerly Inflection Point Acquisition Corp. IV), a post-business combination entity from a SPAC merger, filed an S-1 registration statement on April 15, 2026, to register a primary offering of up to 66,813,783 shares of common stock issuable upon conversion of 10,244,861 shares of Series A Preferred Stock (assuming $5.00 conversion price), exercise of Series A Warrants for 24,248,102 shares (assuming $5.00 exercise price), plus 75,000 shares to CCS, 25,000 to OTB, and 7,353,388 option shares. The filing also covers secondary resale by selling securityholders of 157,700,431 common shares, 736,744 Series A Preferred shares, and 760,232 Series A Preferred Investor Warrants. This serves as a post-effective amendment to a prior S-4 (effective February 12, 2026) under Rule 429 for ongoing sales pursuant to Rule 415.

• ·Prior S-4 (File No. 333-292719) declared effective February 12, 2026.
• ·SPAC IPO occurred on November 4, 2024.
• ·Name change to Merlin, Inc. on October 21, 2025; prior name change from Bleichroeder on June 27, 2024.
• ·Principal executive offices: 129 South Street, Boston, MA 02111.
• ·EIN: 98-1797826; State of incorporation: Delaware; SIC: 7373 (Services-Computer Integrated Systems Design).

15-04-2026

FortuneX Acquisition Corp, a Cayman Islands blank check company with Sponsor and executives tied to PRC, filed S-1 registration for a $75,000,000 IPO of 7,500,000 units at $10.00 each (up to $86,250,000 with over-allotment), with $250,000 upfront underwriting discounts and $3,750,000 deferred fee upon business combination. Net proceeds of $74,750,000 will be placed in trust at $10.00 per unit. However, the filing highlights substantial risks from potential PRC target acquisition, including regulatory uncertainties, HFCAA delisting risks, and dilution to public shareholders ranging from $4.07 to $10.79 per share across redemption scenarios.

• ·Pro forma net tangible book value per share as of March 31, 2026: ranges from $5.93 (25% redemptions with over-allotment) to -$0.79 (100% redemptions with over-allotment)
• ·Auditor Simon & Edward LLP is PCAOB-inspected; no current HFCAA impact but risks if PRC/HK operations post-combination
• ·Filing date April 14-15, 2026; symbols FXAC and FXACW on Nasdaq post-separate trading

15-04-2026

Soluna Holdings, Inc. filed an S-1 registration statement on April 14, 2026, to register the resale of 26,512,815 shares of common stock by the Selling Holder under a Standby Equity Purchase Agreement (SEPA) entered on August 12, 2024, which allows the company to sell up to $25 million in shares at its discretion. As of April 1, 2026, 3,000,000 shares have already been issued under the SEPA, with current outstanding common stock at 113,181,690 shares, potentially diluting to 139,694,505 shares if fully utilized. The filing highlights the company's Renewable Computing™ model for data centers colocated with renewable energy, and it qualifies as a smaller reporting company with reduced disclosure obligations.

• ·SEPA effective date: August 12, 2024
• ·Stockholder approval for issuances exceeding 19.99% obtained on November 15, 2024
• ·Hypothetical issuance at $0.71/share: up to 27,617,515 shares (Option 1) or 27,332,799 shares (Option 2)
• ·Nasdaq symbol: SLNH
• ·Smaller reporting company thresholds: public float < $250M or annual revenues < $100M
• ·Principal office: 325 Washington Avenue Extension, Albany, NY 12205

15-04-2026

Barfresh Food Group Inc. (BRFH) filed an S-1 registration statement on April 15, 2026, to register up to 5,550,602 shares for resale by selling stockholders, including Conversion Shares, Interest Shares, and Warrant Shares, with potential gross proceeds of $7.5 million if warrants are exercised for working capital. The company highlights benefits from its October 3, 2025 acquisition of Arps Dairy, Inc., gaining in-house manufacturing (18% of supply in Q4 2025), a $2.4 million grant for a new 44,000 sq ft facility operational in late 2026, and $7,528,000 raised in March 2026 to retire $2,541,000 debt. However, it notes a history of operating losses, integration risks from the acquisition, and new exposure to dairy processing operational challenges.

• ·Principal executive offices at 12100 Wilshire Boulevard, 8th Floor, Los Angeles, California, 90025.
• ·Existing Facility at 220 N. Clinton Drive, Defiance, Ohio; New Facility at 136 Fox Run Drive, Defiance, Ohio.
• ·Common Stock trading on Nasdaq Capital Market under symbol BRFH since January 20, 2022.
• ·Company formed via reverse merger in 2012 into Delaware corporation established February 25, 2010.

15-04-2026

Esquire Financial Holdings, Inc. filed an S-4 registration statement on April 15, 2026, as a joint proxy statement/prospectus for a merger with Signature, soliciting stockholder approval at a special meeting for the issuance of Esquire common stock to Signature shareholders and an adjournment proposal if needed. The Esquire board of directors recommends voting 'FOR' both proposals. Esquire has retained Laurel Hill Advisory Group, LLC as proxy solicitor for a fee of $7,500.

• ·Esquire special meeting location: 100 Jericho Quadrangle, Suite 100, Jericho, New York 11753
• ·Proxy solicitor contact: 2 Robbins Lane, Suite 201, Jericho, NY 11753; toll-free (888) 742-1305
• ·Esquire contact for assistance: (516) 535-2002

15-04-2026

VerifyMe, Inc. (formerly LaserLock Technologies Inc.) filed a preliminary S-4 registration statement on April 15, 2026, related to a business combination under the 1933 Act (File No. 333-295079). The filing includes XBRL disclosures on executive compensation for periods including 2023-2025, balance sheet components like Series A/B Preferred Stock, Common Stock, and equity related to OpenWorld Ltd, as well as segments such as Precision Logistics, Proactive/Premium Services, Authentication, Brand Protection, and Digital Assets infrastructure. No specific financial metrics, revenues, or period-over-period changes are detailed in the provided filing header.

• ·Fiscal year end: December 31
• ·State of incorporation: NV
• ·Business address: 801 International Parkway, Fifth Floor, Lake Mary, FL 32746
• ·Former name: LaserLock Technologies Inc. (changed October 4, 2000)
• ·Loan agreement with ZenCredit from August 1-11, 2025
• ·Revolving line of credit and term note outstanding as of December 31, 2025

15-04-2026

ROKIT America, Inc., a Delaware corporation focused on NMN-based dietary supplements for cellular health and aging (Reverse Aging Product or RAP) and AI-driven Organ Regeneration Platform (ORP) licensed from parent ROKIT Healthcare, Inc., filed a Form S-1 registration statement for its initial public offering of common stock on April 15, 2026, with plans to list on Nasdaq under 'RKAM'. The company is an emerging growth company and smaller reporting company, offering an unspecified number of shares at a price range to be determined, with underwriters led by Maxim Group LLC granted a 45-day over-allotment option. The prospectus highlights competitive risks in the low-barrier dietary supplement market and reliance on brand, quality, and execution rather than ingredient exclusivity.

• ·Incorporated in Delaware, SIC code 2834, EIN 38-4124442.
• ·Principal office: 3435 Wilshire Blvd, Suite 2925, Los Angeles, California 90010; phone (678) 861-0046.
• ·Common stock par value $0.01 per share.
• ·Advisory Service Agreement with CKIUFC dated May 2, 2025; License Agreement with ROKIT Healthcare dated August 27, 2025; Support Agreement dated January 2, 2023.
• ·ROKIT Healthcare is parent entity prior to offering and major stockholder post-offering.

15-04-2026

AI Strategy Inc., a blank check SPAC sponsored by Horizon Glow Holdings LLC, filed an S-1 registration statement on April 15, 2026, for an IPO of 10 million units at $10.00 each, targeting gross proceeds of $100,000,000, with $100,250,000 to be deposited into a trust account. Net proceeds to the company are $99,248,000 before expenses, supplemented by a simultaneous private placement of 224,700 placement units for $2,247,000. The SPAC has 15 months (extendable to 24 months) to complete an initial business combination, with high investment risks highlighted.

• ·Over-allotment option could increase offering size, with trust deposit up to $115,287,500 and private placement to $2,284,500.
• ·Period to consummate initial business combination: 15 months from closing, extendable to 24 months via sponsor deposits of $330,000 per month.
• ·Company qualifies as emerging growth company and smaller reporting company with reduced disclosure requirements.
• ·Listing planned on NYSE under symbols [AIST], [AISTR], [AISTW] post-separate trading.