Exclusive-Cerebras to raise IPO price range to $150-$160 as . . . By Echo Wang May 10 (Reuters) - Cerebras Systems is set to raise the size and price of its initial public offering as soon as Monday, as demand for the artificial intelligence chipmaker's shares continues to climb, two people familiar with the matter told Reuters on Sunday The company is considering a new IPO price range of $150-$160 a share, up from $115-$125 a share, and raising the number
Sources: Cerebras plans to raise its IPO price range from . . . Sources: Cerebras plans to raise its IPO price range from $115-$125 per share to $150-$160 per share, potentially raising ~$4 8B at the top of the new range — Cerebras Systems is set to raise the size and price of its initial public offering as soon as Monday, as demand …
Cerebras targets $40 billion valuation in second IPO attempt The IPO roadshow kicks off Monday, with shares targeted between $115 and $125, Reuters reports, citing a person familiar with the matter According to Bloomberg, Cerebras could raise as much as $4 billion at a valuation of around $40 billion It's the second attempt for the Sunnyvale, California company, which pulled its first IPO filing in October Cerebras builds wafer-scale engine chips