Clear Street Group Inc. filed a Form S-1 registration statement for an initial public offering on 2026-01-20. It has amended it 5 times. It asked for the registration statement to be withdrawn on 2026-02-19. Each fact below is quoted from the filing named with it.
What the filings say
Listing
We have been approved to list our Class A common stock on the Nasdaq Global Select Market (“Nasdaq”) under the symbol “CLRS.”From the S-1/A filed 2026-02-12
Shares offered
This is an initial public offering of Clear Street Group Inc. We are offering 13,000,000 shares of our Class A common stock.From the S-1/A filed 2026-02-12
Price range
It is currently estimated that the public offering price will be between $26.00 and $28.00 per share.From the S-1/A filed 2026-02-12
Underwriters
Goldman Sachs & Co. LLC, one of the underwriters of this offering, will act as “qualified independent underwriter” as defined in FINRA Rule 5121.From the S-1/A filed 2026-02-12
Use of proceeds
We intend to use the net proceeds of this offering for working capital, capital expenditures and general corporate purposes.From the S-1/A filed 2026-02-12
Revenue
Our net revenues were $783.7 million and $301.8 million for the nine months ended September 30, 2025 and 2024, respectively, representing a year over year increase of 160%, and $463.6 million and $195.8 million for the years ended December 31, 2024 and 2023, respectively, representing a year over year increase of 137%.From the S-1/A filed 2026-02-12
Net loss or income
Although we generated net income in prior periods, including net income of $157.2 million for the nine months ended September 30, 2025, $48.7 million for the nine months ended September 30, 2024, and $89.1 million for the year ended December 31, 2024, we have experienced net losses in prior periods, including a net loss of $17.8 million for the year ended December 31, 2023.From the S-1/A filed 2026-02-12
Withdrawal
Pursuant to Rule 477 promulgated under the Securities Act of 1933, as amended (the “Securities Act”), Clear Street Group Inc. (the “Company”) hereby requests that the Registration Statement on Form S-1 (File No. 333-292822), initially publicly filed with the Securities and Exchange Commission (the “Commission”) on January 20, 2026 (as amended, the “Registration Statement”) and all exhibits thereto, be withdrawn effective as of the date hereof or at the earliest practicable date hereafter.From the RW filed 2026-02-19
Timeline
| Filed | What it is | Filing |
|---|---|---|
| 2026-01-20 | Registration statement filed | S-1 |
| 2026-01-27 | Registration statement amended | S-1/A |
| 2026-02-04 | Registration statement amended | S-1/A |
| 2026-02-10 | Registration statement amended | S-1/A |
| 2026-02-11 | Registration statement amended | S-1/A |
| 2026-02-12 | Registration statement amended | S-1/A |
| 2026-02-19 | Request to withdraw a registration (Form S-1) | RW |
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Where this comes from
A company that wants to sell shares to the public in the United States files a registration statement with the SEC: Form S-1 for a US company, Form F-1 for a foreign one. It amends that statement as the figures and terms are filled in, usually adding the expected price range shortly before the offering. Once the offering is priced it files its final prospectus under Rule 424(b)(4). A company that decides not to go ahead can ask for the registration statement to be withdrawn on Form RW.
Every row on this page is one of those filings, linked to the filing itself. The facts are the company's own sentences, quoted from the filing named beside each one and never reworded; where no filing states a fact in a sentence that can be read exactly, this page leaves it out. A filing is the company's statement of its plans and its figures, not a verification of them, and nothing here is investment advice.