Michael Batnick

speaker

1,227 appearances 5 recordings 1 series first heard Jun 2026 last heard 6 Aug

Michael Batnick’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 5 in all, peaking in Jul 2026 with 2.

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Um and they get to voice-verified

I don't want to say make up the mark because investors are, but but there's no there's no prices covered, right? voice-verified

Like they're get so okay. voice-verified

And then they get to decide how much of the shares they are going to voice-verified

Distribute in the in the IPO. voice-verified

And in this case, it's a very small percentage, a very small percentage compared to traditional IPOs. voice-verified

I think it's like three percent or so. voice-verified

Most are in the 10 to 15% range. voice-verified

Is that about right? voice-verified

Okay. voice-verified

Um voice-verified

So the thing that's getting people frustrated is like, wait, now I have to pay $1.8 trillion or whatever it is 15 days later. voice-verified

I have to pay $1.8 trillion because they are limiting the supply. voice-verified

So I know that's not the case, but talk about the mechanics of the float. voice-verified

um the inclusion in the index, the the seasoning or lack thereof, how does all of that work? voice-verified

So Aaron, what I've seen is um voice-verified

Estimates like there's gonna be seventy five billion dollars. voice-verified

uh that that that gets unlocked in early trading and that the forced buying part of it. voice-verified

is going to be like voice-verified

20, 25 billion, like who knows, somewhere in that range. voice-verified

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