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Will Goldman Sachs or any of its underwriting affiliates serve as the lead underwriter in OpenAI's initial public offering?

Post
KalshiPolymarket ✓ Verified same-resolution Closes Jan 1, 2028
LIVE PRICES — YES
KalshiBEST YES PRICETrade ↗
75¢ last
BidAsk
YES73¢77¢
NO23¢27¢
$9,998 volume
PolymarketTrade ↗
83¢ last
BidAsk
YES46¢72¢
NO28¢54¢
$15,460 volume
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Cross-venue spread 8.0¢· active arbitrage window
CROSS-VENUE ARBITRAGE

Buy YES on Polymarket and NO on Kalshi — total cost 99¢ per $1 payout, locking +1.0¢ per contract before fees.

30-DAY PRICE HISTORY
HOW THIS RESOLVES

Kalshi — primary rule

If Goldman Sachs serves as lead-left underwriter on OpenAI's initial public offering in the United States before Jan 1, 2028, then the market resolves to Yes.

Polymarket — resolution criteria

This market will resolve according to the bank that serves as the lead underwriter in the initial public offering of OpenAI. If no IPO occurs by December 31, 2027, 11:59 PM ET, or OpenAI completes an initial public offering without a designated lead underwriter, this market will resolve to “Other.” If multiple banks are identified as lead underwriters, this market will resolve according to the primary lead underwriter. If the hierarchy between them is unclear, this market will resolve once it is conclusively evident which bank is the primary lead underwriter, for example, through the order in which the banks are listed in the underwriting section of OpenAI's final initial public offering prospectus, once released. The primary resolution source for this market will be official disclosures from OpenAI. A consensus of credible reporting may also be used.

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STATS
Cross-venue spread8.0¢
Kalshi last75¢
Polymarket last83¢
Venues2
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