Swarmer, Inc

Swarmer, Inc (SWMR) priced its initial public offering on Mar 17, 2026 at $5.00 per share, raising $15M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $61.7M. Lucid was lead-left underwriter. Mintz advised the company and Ellenoff Grossman & Schole advised the underwriters.

Swarmer, Inc offers software that lets military forces deploy and coordinate drone swarms at scale, positioning itself as a software operating system layer for autonomous swarm operations in the military drone market.

Status

IPO

Ticker

SWMR

Exchange

Nasdaq Capital Market

Priced

Mar 17, 2026

IPO price

$5.00

Raised

$15M

Market cap at IPO price

$61.7M

First filed

Feb 2, 2026

Underwriters

Lucid

Company counsel

Mintz

Underwriters' counsel

Ellenoff Grossman & Schole

Sector

Technology

Country / state

TX

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.