IPO Access Through Your Existing Account
THIS IS AN ADVERTISEMENT AND NOT AN OFFER OF SHARES. IT IS DIRECTED ONLY AT PERSONS TAX RESIDENT AND LOCATED IN THE UK AND IS NOT FOR DISTRIBUTION IN THE US.
Capital you invest is at risk.
Share prices may go down, you may get back less than you put in.
Open for Application:
Issuer: |
Space Exploration Technologies Corp., also known as SpaceX. |
Symbol: |
SPCX |
Exchange: |
Nasdaq |
Eligibility: |
Individuals who are tax resident and located in the United Kingdom. |
Initial Public Offer (IPO) is the sale of shares by SpaceX to the public for the first time.
The IPO to UK retail investors (UK Retail Offer) is coordinated by Marex Financial as the operator of the public offer platform (POP). Further details about Marex Financial’s role as POP Operator are available on https://www.winterflood.com/wrap/ipo/spacex. The UK Retail Offer is only accessible through Retail Intermediaries that have entered into arrangements with the POP Operator to submit investor orders.
Interactive Brokers, as one of the Retail Intermediaries, may submit applications received from eligible clients.
Key Documents
Before making an investment decision about this IPO, please make sure you have read and understood the offer documents and reviewed the full risk factors included in the US Prospectus and the Disclosure Summary. Please consult the Retail Factsheet for key information about this IPO.
Key Terms
- Deadline to apply is Wednesday 10th June, 6:00pm BST
- The Offer Price Range is USD 135.00.
- You may submit an application for your desired quantity of shares. It settles in USD. There is no maximum application amount.
- The amount you are applying must be less than or equal to funds available in your account. Available funds must be maintained in your account until settlement takes place, in order for your application to be considered.
- Multiple applications for the same beneficial owner are not permitted and may be rejected.
- You will not pay a purchase commission. In exchange for its support in the Retail Offer, Marex is receiving commissions equal to 0.4% of the gross subscription proceeds received from the Retail Offer subject to a minimum fee to cover the costs of acting as a POP Operator. Marex will pay commissions equal to 0.2% of the gross subscription proceeds allocated to each Retail Intermediary under the Retail Offer.
- You may modify or cancel your application at any time before being given notice of its acceptance.
- The number of shares you receive may be lower than the amount you applied for, or none at all.
- Shares will be allocated in accordance with the issuer’s allocation policy, based on the number of shares we receive to distribute to our clients.
- Shares settle directly into your existing IBKR account.
- Shares are planned to begin trading on Friday 12th June. Trading may not be immediately available after the opening.
Interested in participating in this IPO through Interactive Brokers?
By entering your subscription request, you confirm that you are participating in this IPO at your own initiative. We will not assess whether or not these shares are appropriate for you.
For more information, including the general risks of participating in IPOs, please review the IPO FAQ.
How to Subscribe
To subscribe to an IPO via Interactive Brokers, you need to have an Interactive Brokers trading account.
Not an IBKR Client?
If you intend to subscribe to the IPO via Interactive Brokers, please ensure you open an account in advance allowing sufficient time for the account opening, approval and funding process.
Once your account is open, you may access the IPO by logging into your account via the Client Portal and selecting "IPO Subscription" from the "Trade" heading on the menu bar.
Already an IBKR Client?
After reading the prospectus and other supporting documentation and confirming you meet the eligibility for participating in the offer, you can proceed with submitting an application.
Any notification of an IPO on our website or by other means is not an endorsement of the IPO; it does not constitute advice on the suitability of any IPO, nor does it constitute a solicitation, recommendation, or investment advice.
For more information, please contact Client Services.
Important Information
Read the U.S. prospectus (the “U.S. Prospectus”) and the disclosure summary (the “Disclosure Summary”) before investing. These are available at https://www.interactivebrokers.co.uk/en/trading/ipo-offers.php . The offer of shares is made through Marex Financial’s public offer platform.
A registration statement on Form S-1 relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. Copies of the U.S. Prospectus, when available, may be obtained for free by visiting EDGAR on the SEC’s website at www.sec.gov. No offer to buy the securities has become effective, and any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time prior to notice of its acceptance given the effective date.
Neither the U.S. Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed on adequacy or accuracy of the U.S. Prospectus. Any representation to the contrary is a criminal offense.
Whilst the U.S. Prospectus is referred to as a 'prospectus', neither the U.S. Prospectus nor the Disclosure Summary is a prospectus for the purposes of The Public Offers and Admissions to Trading Regulations 2024 (the “POATRs”) or the UK Financial Conduct Authority (“FCA”) Handbook Admission to Trading on a Regulated Market Sourcebook (the “PRM Sourcebook”). Neither the U.S. Prospectus not the Disclosure Summary has been approved by the FCA and the U.S. Prospectus and the Disclosure Summary may not contain the same information as would be included in a prospectus for the purposes of the POATRs or the PRM Sourcebook.
The securities of the Company will not be admitted to listing to the Official List of the FCA or admitted to trading on a regulated market or primary MTF (as such terms are defined in the POATRs) in the United Kingdom.
You should read the U.S. Prospectus and the Disclosure Summary before deciding to participate in the offer in order to fully understand the potential risks and rewards. If you are in any doubt about investing, contact an independent financial adviser.
This advertisement has been prepared by and is the sole responsibility of Interactive Brokers (U.K.) Limited, a firm authorised and regulated by the Financial Conduct Authority.
No offer or invitation to purchase securities in any jurisdiction is being made by the Company and, to the fullest extent permitted by law, each of the Company and its directors, employees, agents and affiliates disclaim any liability or responsibility to actual or potential investors who invest in securities of the Company pursuant to the offer by Marex Financial made through its public offer platform.
By accessing this website, you warrant that you are tax resident and located in the United Kingdom and you are not physically present in the United States or any other jurisdiction outside the United Kingdom, and you agree that you will not transmit or otherwise send any of the information to persons outside the United Kingdom.