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
Fervo Energy, which is developing next-generation geothermal energy projects, raised $1.9 billion by offering 70 million shares at $27, above the revised $25 to $26 range. The company originally filed to offer 55.6 million shares at $21 to $24, before it...read more
Fervo Energy, which is developing next-generation geothermal energy projects, raised the proposed deal size for its upcoming IPO on Monday. The Houston, TX-based company now plans to raise $1.8 billion by offering 70 million shares at a price range of $25 to...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
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
Geothermal energy developer Fervo Energy prices upsized IPO at $27, above the upwardly revised range
Fervo Energy, which is developing next-generation geothermal energy projects, raised $1.9 billion by offering 70 million shares at $27, above the revised $25 to $26 range. The company originally filed to offer 55.6 million shares at $21 to $24, before it...read more
Geothermal energy developer Fervo Energy ups shares, raises range to $25 to $26 ahead of $1.8 billion IPO
Fervo Energy, which is developing next-generation geothermal energy projects, raised the proposed deal size for its upcoming IPO on Monday. The Houston, TX-based company now plans to raise $1.8 billion by offering 70 million shares at a price range of $25 to...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