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US IPO Weekly Recap: Cerebras raises $5.6 billion in the largest AI IPO ever and jumps 68%

CBRS

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

Oil land acquirer EagleRock Land prices IPO at $18.50, the midpoint of the range

EagleRock Land logo

EagleRock Land, which owns surface acreage used for oil and gas activity in the Permian Basin, raised $320 million by offering 17.3 million shares at $18.50, within the $17 to $20 range. At pricing, the company commands a market cap of $2.4 billion. EagleRock...read more

US IPO Week Ahead: AI chipmaker Cerebras leads a roster of 5 major IPOs

CBRS

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

Oil land acquirer EagleRock Land sets terms for $320 million IPO

EagleRock Land logo

EagleRock Land, which collects royalties and fees from energy production on land owned in the Permian Basin, announced terms for its IPO on Monday. The Houston, TX-based company plans to raise $320 million by offering 17.3 million shares at a price range of...read more