diff --git a/docs/bundler/index.md b/docs/bundler/index.md
index ebbfd4b4a2..a4f6b9d39c 100644
--- a/docs/bundler/index.md
+++ b/docs/bundler/index.md
@@ -390,7 +390,62 @@ $ bun build ./index.tsx --outdir ./out --format cjs
 
 #### `format: "iife"` - IIFE
 
-TODO: document IIFE once we support globalNames.
+Wraps the bundle in an Immediately Invoked Function Expression (IIFE). This format is useful for creating bundles that can be directly included in HTML `<script>` tags without polluting the global namespace.
+
+{% codetabs group="a" %}
+
+```ts#JavaScript
+await Bun.build({
+  entrypoints: ['./index.tsx'],
+  outdir: './out',
+  format: "iife",
+})
+```
+```bash#CLI
+$ bun build ./index.tsx --outdir ./out --format iife
+```
+
+{% /codetabs %}
+
+By default, the IIFE format creates a self-contained bundle:
+
+```js
+(() => {
+  // Your bundled code here
+  // No global variables are created
+})();
+```
+
+#### `globalName`
+
+To expose the bundle's exports as a global variable, use the `globalName` option:
+
+{% codetabs group="a" %}
+
+```ts#JavaScript
+await Bun.build({
+  entrypoints: ['./index.tsx'],
+  outdir: './out',
+  format: "iife",
+  globalName: "MyLibrary",
+})
+```
+```bash#CLI
+$ bun build ./index.tsx --outdir ./out --format iife --global-name MyLibrary
+```
+
+{% /codetabs %}
+
+This creates a bundle that assigns the exports to a global variable:
+
+```js
+var MyLibrary = (() => {
+  // Your bundled code here
+  return exports; // The module's exports are returned
+})();
+```
+
+The `globalName` must be a valid JavaScript identifier. This feature is only available when `format` is set to `"iife"`.
 
 ### `splitting`
 
diff --git a/packages/bun-types/bun.d.ts b/packages/bun-types/bun.d.ts
index cbbd196026..366ee1db0f 100644
--- a/packages/bun-types/bun.d.ts
+++ b/packages/bun-types/bun.d.ts
@@ -1835,6 +1835,28 @@ declare module "bun" {
      */
     footer?: string;
 
+    /**
+     * Global variable name for IIFE format bundles.
+     * 
+     * When using `format: "iife"` with a `globalName`, the bundle will be
+     * wrapped in an IIFE and the exported values will be assigned to a global
+     * variable with the specified name.
+     * 
+     * @example
+     * ```ts
+     * await Bun.build({
+     *   entrypoints: ['./src/library.ts'],
+     *   format: 'iife',
+     *   globalName: 'MyLibrary',
+     *   outfile: './dist/library.js'
+     * });
+     * ```
+     * 
+     * The `globalName` must be a valid JavaScript identifier.
+     * This option is only meaningful when `format` is set to `"iife"`.
+     */
+    globalName?: string;
+
     /**
      * Drop function calls to matching property accesses.
      */
diff --git a/src/bundler/bundle_v2.zig b/src/bundler/bundle_v2.zig
index 470f875760..356d3b9c06 100644
--- a/src/bundler/bundle_v2.zig
+++ b/src/bundler/bundle_v2.zig
@@ -1792,7 +1792,7 @@ pub const BundleV2 = struct {
             transpiler.options.css_chunking = config.css_chunking;
             transpiler.options.banner = config.banner.slice();
             transpiler.options.footer = config.footer.slice();
-            transpiler.options.global_name = config.global_name.slice();
+            transpiler.options.global_name = if (config.format == .iife) config.global_name.slice() else "";
 
             transpiler.configureLinker();
             try transpiler.configureDefines();
diff --git a/src/bundler/linker_context/postProcessJSChunk.zig b/src/bundler/linker_context/postProcessJSChunk.zig
index af40efca75..f717fac16c 100644
--- a/src/bundler/linker_context/postProcessJSChunk.zig
+++ b/src/bundler/linker_context/postProcessJSChunk.zig
@@ -194,12 +194,21 @@ pub fn postProcessJSChunk(ctx: GenerateChunkCtx, worker: *ThreadPool.Worker, chu
         .iife => {
             // Bun does not do arrow function lowering. So the wrapper can be an arrow.
             if (c.options.global_name.len > 0) {
-                const global_name_prefix = if (c.options.minify_whitespace)
-                    std.fmt.allocPrint(worker.allocator, "var {s}=(()=>{{", .{c.options.global_name}) catch bun.outOfMemory()
-                else
-                    std.fmt.allocPrint(worker.allocator, "var {s} = (() => {{\n", .{c.options.global_name}) catch bun.outOfMemory();
-                j.push(global_name_prefix, worker.allocator);
-                line_offset.advance(global_name_prefix);
+                if (c.options.minify_whitespace) {
+                    j.pushStatic("var ");
+                    j.pushStatic(c.options.global_name);
+                    j.pushStatic("=(()=>{");
+                    line_offset.advance("var ");
+                    line_offset.advance(c.options.global_name);
+                    line_offset.advance("=(()=>{");
+                } else {
+                    j.pushStatic("var ");
+                    j.pushStatic(c.options.global_name);
+                    j.pushStatic(" = (() => {\n");
+                    line_offset.advance("var ");
+                    line_offset.advance(c.options.global_name);
+                    line_offset.advance(" = (() => {\n");
+                }
             } else {
                 const start = if (c.options.minify_whitespace) "(()=>{" else "(() => {\n";
                 j.pushStatic(start);
@@ -346,21 +355,14 @@ pub fn postProcessJSChunk(ctx: GenerateChunkCtx, worker: *ThreadPool.Worker, chu
 
     switch (output_format) {
         .iife => {
-            if (c.options.global_name.len > 0) {
-                const without_newline = "})();";
-                const with_newline = if (newline_before_comment)
-                    without_newline ++ "\n"
-                else
-                    without_newline;
-                j.pushStatic(with_newline);
-            } else {
-                const without_newline = "})();";
-                const with_newline = if (newline_before_comment)
-                    without_newline ++ "\n"
-                else
-                    without_newline;
-                j.pushStatic(with_newline);
-            }
+            const without_newline = "})();";
+
+            const with_newline = if (newline_before_comment)
+                without_newline ++ "\n"
+            else
+                without_newline;
+
+            j.pushStatic(with_newline);
         },
         .internal_bake_dev => {
             {
@@ -770,12 +772,13 @@ pub fn generateEntryPointTailJS(
                     .cjs => {
                         // "return require_foo();"
                         stmts.append(
-                            Stmt.alloc(
+                            Stmt.allocate(
+                                allocator,
                                 S.Return,
-                                .{
+                                S.Return{
                                     .value = Expr.init(
                                         E.Call,
-                                        .{
+                                        E.Call{
                                             .target = Expr.initIdentifier(ast.wrapper_ref, Logger.Loc.Empty),
                                         },
                                         Logger.Loc.Empty,
@@ -789,12 +792,13 @@ pub fn generateEntryPointTailJS(
                         // "init_foo(); return exports_entry;"
                         if (ast.wrapper_ref.isValid()) {
                             stmts.append(
-                                Stmt.alloc(
+                                Stmt.allocate(
+                                    allocator,
                                     S.SExpr,
-                                    .{
+                                    S.SExpr{
                                         .value = Expr.init(
                                             E.Call,
-                                            .{
+                                            E.Call{
                                                 .target = Expr.initIdentifier(ast.wrapper_ref, Logger.Loc.Empty),
                                             },
                                             Logger.Loc.Empty,
@@ -808,9 +812,10 @@ pub fn generateEntryPointTailJS(
                         // Return the exports object if it has exports
                         if (ast.exports_ref.isValid()) {
                             stmts.append(
-                                Stmt.alloc(
+                                Stmt.allocate(
+                                    allocator,
                                     S.Return,
-                                    .{
+                                    S.Return{
                                         .value = Expr.initIdentifier(ast.exports_ref, Logger.Loc.Empty),
                                     },
                                     Logger.Loc.Empty,
@@ -822,9 +827,10 @@ pub fn generateEntryPointTailJS(
                         // For other cases, try to return the exports object if available
                         if (ast.exports_ref.isValid()) {
                             stmts.append(
-                                Stmt.alloc(
+                                Stmt.allocate(
+                                    allocator,
                                     S.Return,
-                                    .{
+                                    S.Return{
                                         .value = Expr.initIdentifier(ast.exports_ref, Logger.Loc.Empty),
                                     },
                                     Logger.Loc.Empty,
diff --git a/src/cli/Arguments.zig b/src/cli/Arguments.zig
index df6584aa49..bcfdec2d3b 100644
--- a/src/cli/Arguments.zig
+++ b/src/cli/Arguments.zig
@@ -165,7 +165,7 @@ pub const build_only_params = [_]ParamType{
     clap.parseParam("--minify-syntax                  Minify syntax and inline data") catch unreachable,
     clap.parseParam("--minify-whitespace              Minify whitespace") catch unreachable,
     clap.parseParam("--minify-identifiers             Minify identifiers") catch unreachable,
-    clap.parseParam("--global-name <STR>              Global variable name for IIFE bundles") catch unreachable,
+    clap.parseParam("--global-name <STR>              Global variable name for IIFE bundles (IIFE only; must be a valid JS identifier)") catch unreachable,
     clap.parseParam("--css-chunking                   Chunk CSS files together to reduce duplicated CSS loaded in a browser. Only has an effect when multiple entrypoints import CSS") catch unreachable,
     clap.parseParam("--dump-environment-variables") catch unreachable,
     clap.parseParam("--conditions <STR>...            Pass custom conditions to resolve") catch unreachable,
diff --git a/test_entry.js b/test_entry.js
new file mode 100644
index 0000000000..c383f459b3
--- /dev/null
+++ b/test_entry.js
@@ -0,0 +1,2 @@
+export const foo = 123;
+export const bar = "hello";
\ No newline at end of file