So far this year, 13 companies have gone public via direct listing, marking the biggest year ever for the IPO alternative. Nearly half have come to market in the past two months. But the year’s direct listings average a dismal -71% return from first trade,...read more
The IPO market saw the largest AI deal of all time this past week, joined by major listings in energy, infrastructure, and emergency services. AI chipmaker Cerebras Systems (CBRS) upsized and priced above the upwardly revised range to raise $5.6 billion at a ...read more
AIAI Holdings, a diversified holding company with a licensed proprietary AI model, completed its direct listing on the Nasdaq on Thursday. Shares of common stock were sold by existing shareholders; the company did not raise new capital in connection with its...read more
Five sizable IPOs are currently scheduled for the week ahead, joined by a direct listing. AI chipmaker Cerebras Systems (CBRS) plans to raise $3.4 billion at a $34.7 billion market cap. Cerebras’ core innovation, the Wafer-Scale Engine (WSE), is 58...read more
Direct listings are having a record year, but performance tells a different story
So far this year, 13 companies have gone public via direct listing, marking the biggest year ever for the IPO alternative. Nearly half have come to market in the past two months. But the year’s direct listings average a dismal -71% return from first trade,...read more
US IPO Weekly Recap: Cerebras raises $5.6 billion in the largest AI IPO ever and jumps 68%
The IPO market saw the largest AI deal of all time this past week, joined by major listings in energy, infrastructure, and emergency services. AI chipmaker Cerebras Systems (CBRS) upsized and priced above the upwardly revised range to raise $5.6 billion at a ...read more
Diversified holdings company AIAI Holdings completes Nasdaq direct listing
AIAI Holdings, a diversified holding company with a licensed proprietary AI model, completed its direct listing on the Nasdaq on Thursday. Shares of common stock were sold by existing shareholders; the company did not raise new capital in connection with its...read more
US IPO Week Ahead: AI chipmaker Cerebras leads a roster of 5 major IPOs
Five sizable IPOs are currently scheduled for the week ahead, joined by a direct listing. AI chipmaker Cerebras Systems (CBRS) plans to raise $3.4 billion at a $34.7 billion market cap. Cerebras’ core innovation, the Wafer-Scale Engine (WSE), is 58...read more