- Before Dec 1, 2026
- If Brex confirms an IPO before Dec 1, 2026, then the market resolves to Yes. An IPO is confirmed if 1) the SEC declares the company's Form S-1 effective OR 2) the IPO is priced OR 3) a securities exchange has assigned a ticker to it. As long as any of those events occur, the market will immediately resolve to Yes, even if the company does not start trading until after Dec 1, 2026.
- Before Jan 1, 2027
- If Brex confirms an IPO before Jan 1, 2027, then the market resolves to Yes. An IPO is confirmed if 1) the SEC declares the company's Form S-1 effective OR 2) the IPO is priced OR 3) a securities exchange has assigned a ticker to it. As long as any of those events occur, the market will immediately resolve to Yes, even if the company does not start trading until after Jan 1, 2027.
- Before Mar 1, 2027
- If Brex confirms an IPO before Mar 1, 2027, then the market resolves to Yes. An IPO is confirmed if 1) the SEC declares the company's Form S-1 effective OR 2) the IPO is priced OR 3) a securities exchange has assigned a ticker to it. As long as any of those events occur, the market will immediately resolve to Yes, even if the company does not start trading until after Mar 1, 2027.
- Before Jun 1, 2027
- If Brex confirms an IPO before Jun 1, 2027, then the market resolves to Yes. An IPO is confirmed if 1) the SEC declares the company's Form S-1 effective OR 2) the IPO is priced OR 3) a securities exchange has assigned a ticker to it. As long as any of those events occur, the market will immediately resolve to Yes, even if the company does not start trading until after Jun 1, 2027.
- Before Apr 1, 2027
- If Brex confirms an IPO before Apr 1, 2027, then the market resolves to Yes. An IPO is confirmed if 1) the SEC declares the company's Form S-1 effective OR 2) the IPO is priced OR 3) a securities exchange has assigned a ticker to it. As long as any of those events occur, the market will immediately resolve to Yes, even if the company does not start trading until after Apr 1, 2027.
- Before Feb 1, 2027
- If Brex confirms an IPO before Feb 1, 2027, then the market resolves to Yes. An IPO is confirmed if 1) the SEC declares the company's Form S-1 effective OR 2) the IPO is priced OR 3) a securities exchange has assigned a ticker to it. As long as any of those events occur, the market will immediately resolve to Yes, even if the company does not start trading until after Feb 1, 2027.
- Before Nov 1, 2026
- If Brex confirms an IPO before Nov 1, 2026, then the market resolves to Yes. An IPO is confirmed if 1) the SEC declares the company's Form S-1 effective OR 2) the IPO is priced OR 3) a securities exchange has assigned a ticker to it. As long as any of those events occur, the market will immediately resolve to Yes, even if the company does not start trading until after Nov 1, 2026.
- Before May 1, 2027
- If Brex confirms an IPO before May 1, 2027, then the market resolves to Yes. An IPO is confirmed if 1) the SEC declares the company's Form S-1 effective OR 2) the IPO is priced OR 3) a securities exchange has assigned a ticker to it. As long as any of those events occur, the market will immediately resolve to Yes, even if the company does not start trading until after May 1, 2027.
- Before Aug 1, 2026
- If Brex confirms an IPO before Aug 1, 2026, then the market resolves to Yes. An IPO is confirmed if 1) the SEC declares the company's Form S-1 effective OR 2) the IPO is priced OR 3) a securities exchange has assigned a ticker to it. As long as any of those events occur, the market will immediately resolve to Yes, even if the company does not start trading until after Aug 1, 2026.
- Before Sep 1, 2026
- If Brex confirms an IPO before Sep 1, 2026, then the market resolves to Yes. An IPO is confirmed if 1) the SEC declares the company's Form S-1 effective OR 2) the IPO is priced OR 3) a securities exchange has assigned a ticker to it. As long as any of those events occur, the market will immediately resolve to Yes, even if the company does not start trading until after Sep 1, 2026.
- Before Oct 1, 2026
- If Brex confirms an IPO before Oct 1, 2026, then the market resolves to Yes. An IPO is confirmed if 1) the SEC declares the company's Form S-1 effective OR 2) the IPO is priced OR 3) a securities exchange has assigned a ticker to it. As long as any of those events occur, the market will immediately resolve to Yes, even if the company does not start trading until after Oct 1, 2026.