SimpleFunctions

Will Piper Sandler take OpenAI public before Jan 1, 2028

Will Piper Sandler take OpenAI public before Jan 1, 2028 is priced at 8¢ on Kalshi. Current book: 9¢ bid, 17¢ ask, 8¢ spread. This page tracks a standalone prediction-market contract.

Price history

8¢ current

5¢10¢
Sep 10, 2026Sep 25, 2026

Contract brief

If Piper Sandler serves as a lead underwriter for OpenAI's initial public offering in the United States before Jan 1, 2028, then the market resolves to Yes.

Outcome

Will Piper Sandler take OpenAI public before Jan 1, 2028

Rank

Standalone

Leader

—

Range

—

Family volume

$34

Identifier

KXOPENAIBANKPUBLIC-28JAN01-PIPRX

Oct 9, 2026, 4:38 PM UTC · 3h ago

Implied probability

8¢
Latest venue quote
Oct 9, 2026, 4:38 PM UTC · 3h ago

Bid

9¢

Ask

17¢

Spread

8¢

Reported volume

$34

Family rank

Standalone

Standalone contract

Closes

Jan 1, 2028

Family volume

$34

Orderbook snapshot

9 / 17¢

Kalshi
8¢ spread
BidSize
9¢500
AskSize
17¢500

Contract terms

What resolves this market.

YES condition

If Piper Sandler serves as a lead underwriter for OpenAI's initial public offering in the United States before Jan 1, 2028, then the market resolves to Yes.

Venue

Kalshi

Closes

Jan 1, 2028

Identifier

KXOPENAIBANKPUBLIC-28JAN01-PIPRX

SF Signal
SF Index
411.42
Regime
neutral

Event family

This market.

The same race as a probability stack: rank, volume, and where this contract sits against the other outcomes.

Total volume

$34

Outcomes

1

Highest price

Will Piper Sandler take OpenAI public before Jan 1, 2028 8¢

Current share

100%

Indicators

Yield, cliff risk, volatility, and regime.

IY (Yes)

822.8%

IY (No)

8.0%

Adj IY

411%

CRI

10

Overround

1.6%

Regime

neutral

Score

0.5

Observability

high

Event type

financial

Full indicator table

822.8%
8.0%
Adj IY
411%
10
Overround
1.6%

SimpleFunctions context

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.