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OpenAI Has Confidentially Submitted a Draft S-1 to the SEC
Philippe Nicolas · 2026-06-16 · via StorageNewsletter

RAIDON

Preparing its IPO

By Philippe Nicolas | June 16, 2026 at 2:01 pm

Blog written by OpenAI published June 8, 2026

We recently submitted a confidential S-1.We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.

This announcement is being made pursuant to Rule 135 under the Securities Act of 1933, as amended, and does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations of offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act.

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