Investment Q&A

Q: I was wanting your opinion on this fund that holds private company shares. I know the valuation is silly and the MER is high but I was wondering with SpaceX going public and that being the largest holding how will this effect the price of this fund? This funds other holdings of note rumored to go public this year Databricks, Open Ai, Kraken, if these all go public successfully how does that effect the fund? Fun money buy or stay away?

Q: Stack capital has about 28% of its portfolio in pre ipo space x .
I assume the book value of stck is mark to market . As such without knowing its cost basis for its shares how can one determine the change in book values once the ipo happens. I expect a very heavy uptake of the ipo shares

Q: Jim Cramer/CNBC says this is a good proxy for obtaining SpaceX shares. Can you please explain. Does SATS hold a large portion of SpaceX shares? Thanks for your great service!

Q: Larry Gies' Madison Air targets $13.2 billion valuation in US IPO under the symbol "MAIR".

What does it do?

Your opinion on this one, buy or not?

Thank you

Q: Any thoughts on CHAC/Xanadu? Looks risky but maybe promising?

thanks

Q: Is this recent ipo worth investing in at the current price?

Q: Does Ayar Labs have a call sign? My phone shows its call sign as AYARZZX "Ayar Labs - Company Level" on the NASDAQ exchange and indicates trading since December 2025 but RBC doesn't seem to recognize the company. I believe NVDA & AMD are so called strategic investors. It seems their chips use fibre optics instead of copper which may help reduce costs, as silica may be less expensive to make compared to copper. Fibre cabling may also generate less heat buildup and so demand less cooling. Any thoughts you have would be appreciated.
Regards,
Jim

Q: Please let me know your thoughts on FPS
- Newly listed and looks interesting

Thanks,
M

Q: AGT Food and Ingredients Inc & Apotex.

When, if, these 2 IPO, what's your opinion on buying or not buying them?

Thank you.

Q: Your thoughts on $26 pricing - heard that the deal has been " fully subscribed"

Q: AGT Food and Ingredients was bought by FFH back in 2019, but has now announced it's intention to do an IPO. Why would FFH decide to let this go public just as relations with India seem to be thawing, opening up a huge market for AGT?

Q: Zero Point Cryogenics

What is your opinion on this company.

Will it become public?

Thank you.

Q: Can you explain a bit about Anduril and how it currently and in the future might impact Kraken. How much overlap is there? Do they compete in the same arena? It was mentioned that Anduril is going public. How might this impact Kraken?

Q: Your opinion. thanks.

Q: I am a big fan of Anduril, their mission and their CEO. The company will probably IPO in 2026. I would like to become a shareholder, but not at any price. Perhaps it starts trading up big on the IPO. What strategies would you suggest to establish a position while protecting myself from overpaying.

Thanks

Q: I remember many years ago, when I had just started looking after my own investments. I made many mistakes and even ended up with a few "smoking holes in the ground". I have now been a long term subscriber to 5i and have enjoyed much success as a result of the teams sage advice. Than you for helping me separate the Wheat from the chaff.

As a retired high school teacher I remember way back, prior to alphabet (google's) IPO, seeing their logo on every computer in the classroom when students booted them up, and thinking, " I wonder if they would ever IPO?" Well, of course they did, and upon seeing that I would need to pay a 17% premium as a retail investor (no matter how quickly you acted the morning of the IPO) I passed on the stock until years later. I am a happy shareholder currently.

My question is, are there any pre IPO companies that you are currently excited about, and if so, how can a retail investor have the best chance of getting in on an IPO other than waiting until it trades publicly? Anthropic? others?

Thank you

Q: Both SpaceX and Databricks have hinted at IPO’s in 2026. I own competitors Rocket Lab (RKLB) and Snowflake (SNOW) respectively. How concerned should I be, that investors will flee RKLB and SNOW and buy the IPO’s? Would you continue to hold RKLB and SNOW? Thank you.

Q: Hi 5i Team - I've become interested in a cyber security company called Cohere Technology. The Canadian Government, Bell Canada and RBC have all committed to using Cohere's solutions in their cyber security defense efforts. Also the Canadian Government has planned to invest in this company.

It looks like Cohere is a private company. Do you know of any publicly traded company that has invested in Cohere or are there possible plans for an IPO. Or is there any other way for a small retail investor to get involved.
Thanks.

Q: Investable CCCX?

Q: Hello 5i
I realize it is very early in its public life but please tell me what you can about BLLN.
Thank you
Dave