Core Insights - Motive Technologies, an AI-enabled fleet management software firm, has filed its Form S-1 registration statement with the SEC, indicating plans to go public on the New York Stock Exchange under the symbol "MTVE" [2][7] - The company reported a 22% year-over-year revenue increase for the nine months ending September 30, reaching $327 million, and aims to use the IPO proceeds for working capital and general corporate purposes [5][6] Industry Outlook - 2026 is anticipated to be a significant year for IPOs, with experts predicting around 200 new offerings that could raise up to $60 billion, driven by optimism in the market [3][4] - The upcoming year is expected to see a continuation of the trend in venture-backed issuances, particularly from AI-related companies, as they mature and seek public investment [5]
A Google-Backed Software Company Could Join Next Year's AI-Powered IPO Rush