Jason Kim, CEO of Firefly and Workforce Ringing the Nasdaq Opening Bell
House and protection expertise firm Firefly Aerospace made its public debut on Thursday August 7, 2025, marking one other trailblazing Texas firm tapping Nasdaq as its companion for becoming a member of public markets.
“The Opening Bell Ceremony on an IPO day doesn’t simply start a buying and selling day – it alerts the launch of a brand new chapter. And for an organization that has mastered the artwork of launching, touchdown, and working in area, there’s no higher metaphor for as we speak,” mentioned Rachel Racz, Nasdaq Senior Vice President and Head of Listings for Texas, Southern U.S., and Latin America.
“For Firefly, it’s all the time been about extra than simply reaching the celebrities. Their tradition embraces a singular can-do spirit the place they encourage one another to dream massive. This group of believers and doers has been in a position to remodel so many daring concepts into exceptional achievements by taking up calculated dangers and flawlessly executing. ” mentioned Racz.
Nasdaq Chair and CEO, Adena Friedman and Jason Kim, CEO of Firefly
Firefly joins over 200 different Texan innovators who’re listed on the Nasdaq Inventory Market®, representing almost $1.8 trillion in market capitalization. That features Irving, Texas-based most cancers diagnostic agency Caris Life Sciences, which celebrated its preliminary public providing at Nasdaq MarketSite® in June.
Together with the various listings which have come to Nasdaq from Texas, the alternate has additionally welcomed greater than 25 Texan corporations which have transferred their company listings from different exchanges, together with Texas Devices, Baker Hughes, American Airways, and Noble Power.
$47 billion client staples big Kimberly-Clark turned the newest Texas-based trade chief to make the swap to Nasdaq when it joined the alternate in Could.
“Probably the most particular factor about Texas is the individuals. As a Texan, I’ve had a front-row seat to the stratospheric progress of the economic system,” Racz informed Nasdaq Newsroom. “This progress has been constructed on innovation, monetary energy, and robust native communities.”
Nasdaq has proudly supported the broader Southeast regional economic system for almost 20 years, partnering with over 2,000 purchasers, roughly 800 of that are based mostly in Texas.
In Could, Nasdaq stood alongside Texas Governor Greg Abbott as he signed Senate Invoice 29 – a landmark laws that empowers board administrators and firm leaders to make good-faith and considerate selections with out the fixed risk of burdensome and expensive litigation.
“Senate Invoice 29 is a milestone for company governance in Texas. By embracing sensible, innovation-focused regulation like SB 29, Texas is exhibiting the world what it means to steer on financial progress and trendy, clear governance ideas,” mentioned Ed Knight, Government Vice Chairman of Nasdaq. “We commend Senator Bryan Hughes, Consultant Morgan Meyer, and Governor Greg Abbott for advancing laws that strengthens Texas’ place as a worldwide heart for capital formation.”
Earlier this yr, Nasdaq additional deepened its dedication to Texas by saying plans for a brand new regional headquarters in Dallas and expanded funding within the Lone Star State.
“Texas is booming” Racz mentioned. “And Nasdaq is so excited and proud to be a part of it.”
Study extra about Nasdaq’s dedication to Texas.
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Disclaimer:
Nasdaq® is a registered trademark of Nasdaq, Inc. The data contained above is supplied for informational and academic functions solely, and nothing contained herein must be construed as funding recommendation, both on behalf of a specific safety or an total funding technique. Neither Nasdaq, Inc. nor any of its associates makes any suggestion to purchase or promote any safety or any illustration in regards to the monetary situation of any firm. Statements relating to Nasdaq-listed corporations or Nasdaq proprietary indexes aren’t ensures of future efficiency. Precise outcomes might differ materially from these expressed or implied. Previous efficiency isn’t indicative of future outcomes. Buyers ought to undertake their very own due diligence and thoroughly consider corporations earlier than investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
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