{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-9DYXQJLWM0",
  "slug": "applied-aerospace-defense-ipo-closing-market-cap",
  "question": "Will Applied Aerospace & Defense's market cap be between $3.25B and $3.75B at market close on IPO day?",
  "category": "financials",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "financials",
    "business",
    "finance",
    "ipo",
    "aerospace-defense",
    "market-capitalization"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track Applied Aerospace & Defense's closing market capitalization on its IPO date of June 3, 2026. Polymarket structures the event as seven discrete cap-range brackets plus a no-IPO contingency, each resolved independently. All eight contracts resolve via Polymarket's UMA Optimistic Oracle, using closing price multiplied by outstanding shares as the authoritative figure. A separate bracket asks whether the IPO occurs at all before August 2026, introducing a path-dependency risk across the cap-range contracts.",
  "venues_covered": [
    "polymarket"
  ],
  "primary_market_id": "CM-MKT-Z8BTDW7Z87",
  "current_primary_mark": {
    "last_price": 0,
    "implied_probability": 0
  },
  "created_at": "2026-06-03T14:52:43.794845+00:00",
  "updated_at": "2026-06-03T14:52:43.794845+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-Z8BTDW7Z87",
      "event_id": "CM-EVT-9DYXQJLWM0",
      "platform": "polymarket",
      "platform_market_id": "0xec83d1304f538850a1d685b1c2987c4150fc86fa505db9a5c1d920043f50fe68",
      "question": "Will Applied Aerospace & Defense's market cap be between $3.25B and $3.75B at market close on IPO day?",
      "description": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessa",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Applied Aerospace & Defense's closing market capitalization on June 3, 2026, calculated as outstanding shares multiplied by official closing price on its first trading day.",
      "close_at": "2026-06-03T16:00:00Z",
      "resolve_at": "2026-06-03T16:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessary, to accurately capture the company's total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.\n\nThe number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange's official listing page.\n\nIf the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.\n\nThe primary resolution source for this market will be official company filings and the primary exchange's official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.\n\nIn the event of an interruption in the normal trading session on the specified company's first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "Sec",
        "source_status": "platform_named",
        "source_citation": null,
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 84,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 190.11,
      "volume_total_usd": 8577.966031999998,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": 3.5,
      "question_id": "CMX-D3BADEDB35",
      "also_on": null,
      "tags": [
        "aerospace",
        "applied aerospace defense",
        "defense",
        "ipo",
        "market cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-7GFB6M3FY4",
      "event_id": "CM-EVT-9DYXQJLWM0",
      "platform": "polymarket",
      "platform_market_id": "0xad53c0a5ab2530d85e06ac48678423c0fcf7556de42a4b5d4054192d54231e6e",
      "question": "Will Applied Aerospace & Defense's market cap be between $4.25B and $4.75B at market close on IPO day?",
      "description": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessa",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Applied Aerospace & Defense's closing market capitalization on June 3, 2026, calculated as outstanding shares multiplied by official closing price on its first trading day.",
      "close_at": "2026-06-03T16:00:00Z",
      "resolve_at": "2026-06-03T16:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessary, to accurately capture the company's total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.\n\nThe number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange's official listing page.\n\nIf the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.\n\nThe primary resolution source for this market will be official company filings and the primary exchange's official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.\n\nIn the event of an interruption in the normal trading session on the specified company's first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "Sec",
        "source_status": "platform_named",
        "source_citation": null,
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 84,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 108.537915,
      "volume_total_usd": 1546.8603130000001,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": 4.5,
      "question_id": "CMX-B1A38A0D8D",
      "also_on": null,
      "tags": [
        "aerospace",
        "applied aerospace defense",
        "defense",
        "ipo",
        "market cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-CFQTT076Y8",
      "event_id": "CM-EVT-9DYXQJLWM0",
      "platform": "polymarket",
      "platform_market_id": "0xbce9281091244bb8a65f14427dcbc73fa9f00c36744b7dc483cdc013f21fcfde",
      "question": "Will Applied Aerospace & Defense's market cap be less than $2.75B at market close on IPO day?",
      "description": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessa",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Applied Aerospace & Defense's closing market capitalization on June 3, 2026, calculated as outstanding shares multiplied by official closing price on its first trading day.",
      "close_at": "2026-06-03T16:00:00Z",
      "resolve_at": "2026-06-03T16:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessary, to accurately capture the company's total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.\n\nThe number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange's official listing page.\n\nIf the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.\n\nThe primary resolution source for this market will be official company filings and the primary exchange's official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.\n\nIn the event of an interruption in the normal trading session on the specified company's first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "Sec",
        "source_status": "platform_named",
        "source_citation": null,
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 84,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 174.007746,
      "volume_total_usd": 2450.8390350000004,
      "settlement_style": "terminal",
      "direction": "below",
      "threshold": 2.75,
      "question_id": "CMX-61FE42B5DB",
      "also_on": null,
      "tags": [
        "aerospace",
        "applied aerospace defense",
        "defense",
        "ipo",
        "market cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-3WYBHRP817",
      "event_id": "CM-EVT-9DYXQJLWM0",
      "platform": "polymarket",
      "platform_market_id": "0x58a7e20abf394209b50f59434639344411f80d5a6f5ee003f75703ef8135c3a1",
      "question": "Will Applied Aerospace & Defense's market cap be between $3.75B and $4.25B at market close on IPO day?",
      "description": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessa",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Applied Aerospace & Defense's closing market capitalization on June 3, 2026, calculated as outstanding shares multiplied by official closing price on its first trading day.",
      "close_at": "2026-06-03T16:00:00Z",
      "resolve_at": "2026-06-03T16:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessary, to accurately capture the company's total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.\n\nThe number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange's official listing page.\n\nIf the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.\n\nThe primary resolution source for this market will be official company filings and the primary exchange's official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.\n\nIn the event of an interruption in the normal trading session on the specified company's first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "Sec",
        "source_status": "platform_named",
        "source_citation": null,
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 84,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 157.141427,
      "volume_total_usd": 3699.8927080000008,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": 4,
      "question_id": "CMX-D3BADEDB35",
      "also_on": null,
      "tags": [
        "aerospace",
        "applied aerospace defense",
        "defense",
        "ipo",
        "market cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-Z8XNV8JMG9",
      "event_id": "CM-EVT-9DYXQJLWM0",
      "platform": "polymarket",
      "platform_market_id": "0xd2609ad7a77ab689a85990f96072169a1e70ff99295f4d361c233ebeaeb081bd",
      "question": "Will Applied Aerospace & Defense's market cap be at least $5.25B at market close on IPO day?",
      "description": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessa",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Applied Aerospace & Defense's closing market capitalization on June 3, 2026, calculated as outstanding shares multiplied by official closing price on its first trading day.",
      "close_at": "2026-06-03T16:00:00Z",
      "resolve_at": "2026-06-03T16:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessary, to accurately capture the company's total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.\n\nThe number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange's official listing page.\n\nIf the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.\n\nThe primary resolution source for this market will be official company filings and the primary exchange's official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.\n\nIn the event of an interruption in the normal trading session on the specified company's first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "Sec",
        "source_status": "platform_named",
        "source_citation": null,
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 84,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 112.66,
      "volume_total_usd": 2249.935069,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 5.25,
      "question_id": "CMX-233144B066",
      "also_on": null,
      "tags": [
        "aerospace",
        "applied aerospace defense",
        "defense",
        "ipo",
        "market cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-D67F4N8YD1",
      "event_id": "CM-EVT-9DYXQJLWM0",
      "platform": "polymarket",
      "platform_market_id": "0xb4c49c2cdea9e1ab94459716196df86e2d599815a613202a5c3250912471144b",
      "question": "Will Applied Aerospace & Defense's market cap be between $2.75B and $3.25B at market close on IPO day?",
      "description": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessa",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Applied Aerospace & Defense's closing market capitalization on June 3, 2026, calculated as outstanding shares multiplied by official closing price on its first trading day.",
      "close_at": "2026-06-03T16:00:00Z",
      "resolve_at": "2026-06-03T16:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessary, to accurately capture the company's total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.\n\nThe number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange's official listing page.\n\nIf the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.\n\nThe primary resolution source for this market will be official company filings and the primary exchange's official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.\n\nIn the event of an interruption in the normal trading session on the specified company's first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "Sec",
        "source_status": "platform_named",
        "source_citation": null,
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 84,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 1,
      "implied_probability": 1,
      "volume_24h_usd": 147.695881,
      "volume_total_usd": 4729.664728000001,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": 3,
      "question_id": "CMX-D3BADEDB35",
      "also_on": null,
      "tags": [
        "aerospace",
        "applied aerospace defense",
        "defense",
        "ipo",
        "market cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-CXH4PG4DT4",
      "event_id": "CM-EVT-9DYXQJLWM0",
      "platform": "polymarket",
      "platform_market_id": "0x0d631e36920bd63578b3b0faa7331bc7c11e72dab5051ee80bfd2b8cbf8beff8",
      "question": "Will Applied Aerospace & Defense's market cap be between $4.75B and $5.25B at market close on IPO day?",
      "description": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessa",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Applied Aerospace & Defense's closing market capitalization on June 3, 2026, calculated as outstanding shares multiplied by official closing price on its first trading day.",
      "close_at": "2026-06-03T16:00:00Z",
      "resolve_at": "2026-06-03T16:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessary, to accurately capture the company's total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.\n\nThe number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange's official listing page.\n\nIf the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.\n\nThe primary resolution source for this market will be official company filings and the primary exchange's official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.\n\nIn the event of an interruption in the normal trading session on the specified company's first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": "Sec",
        "source_status": "platform_named",
        "source_citation": null,
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 84,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": null,
      "volume_total_usd": 1294.991476,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": 5,
      "question_id": "CMX-D3BADEDB35",
      "also_on": null,
      "tags": [
        "aerospace",
        "applied aerospace defense",
        "defense",
        "ipo",
        "market cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-WNFZ7FYQY0",
      "event_id": "CM-EVT-9DYXQJLWM0",
      "platform": "polymarket",
      "platform_market_id": "0xf55f8fa263ce60e30f0d8f89ef88aecb06ca9c9eac483eaf932e6a87139f1b20",
      "question": "Will Applied Aerospace & Defense not IPO before August 2026?",
      "description": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessa",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Applied Aerospace & Defense's closing market capitalization on June 3, 2026, calculated as outstanding shares multiplied by official closing price on its first trading day.",
      "close_at": "2026-06-03T16:00:00Z",
      "resolve_at": "2026-06-03T16:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on Applied Aerospace & Defense's market capitalization at the closing price on its first day of trading.\n\nAs of market creation, the IPO is scheduled for June 3 (ET). If no such IPO occurs by July 31, 2026, 11:59 PM ET, the market will resolve to \"No IPO before August 2026\".\n\nMarket capitalization expresses the monetary value of a company's outstanding shares, stated in its pricing currency.\n\nIt is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day.\n\nIf necessary, to accurately capture the company's total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently.\n\nThe number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange's official listing page.\n\nIf the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket.\n\nThe primary resolution source for this market will be official company filings and the primary exchange's official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading.\n\nIn the event of an interruption in the normal trading session on the specified company's first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
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        "source_status": "platform_named",
        "source_citation": null,
        "sources": null,
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
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        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 20,
      "volume_total_usd": 1693.8004700000001,
      "settlement_style": "occurrence",
      "direction": "occurrence",
      "threshold": null,
      "question_id": "CMX-46024ED297",
      "also_on": null,
      "tags": [
        "aerospace",
        "applied aerospace defense",
        "defense",
        "ipo"
      ],
      "eligibility_screens": null
    }
  ],
  "resolution_log": [
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      "resolved_at": "2026-06-03T16:00:00Z",
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      "platform": "polymarket",
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      "resolved_at": "2026-06-03T16:00:00Z",
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      "recorded_at": "2026-06-12",
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    {
      "market_id": "CM-MKT-3WYBHRP817",
      "platform": "polymarket",
      "outcome": "NO",
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      "recorded_at": "2026-06-12",
      "source": "platform_api",
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    },
    {
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      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2026-06-03T16:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-06-12",
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    {
      "market_id": "CM-MKT-D67F4N8YD1",
      "platform": "polymarket",
      "outcome": "YES",
      "resolved_at": "2026-06-03T16:00:00Z",
      "final_price": 1,
      "recorded_at": "2026-06-12",
      "source": "platform_api",
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    },
    {
      "market_id": "CM-MKT-CXH4PG4DT4",
      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2026-06-03T16:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-06-12",
      "source": "platform_api",
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    },
    {
      "market_id": "CM-MKT-WNFZ7FYQY0",
      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2026-06-03T16:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-06-12",
      "source": "platform_api",
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  ],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-9DYXQJLWM0",
    "terms": "Attribution required. clearmarket.fyi"
  }
}