This year, the largest IPO in the United States was born! Medline (MDLN.US) debuted on Nasdaq tonight, raising $6.26 billion.

According to the financial app Zhitong Finance, the largest IPO in the United States this year, Medline Inc. (MDLN.US), raised $6.26 billion. The IPO issuance size was raised and ultimately priced at the high end of the recommended range, with 216 million shares priced at $29 per share. The expanded issuance plan is scheduled to officially debut on the Nasdaq Stock Exchange later in the evening of December 17, 2025, with the stock code "MDLN". According to the number of shares submitted to the U.S. Securities and Exchange Commission (SEC), the company's market value corresponding to this pricing is approximately $39 billion.