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Cerebras (CBRS.US) Becomes World's Largest IPO This Yr, Raising USD5.55B
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AI chipmaker Cerebras Systems (CBRS.US) has priced its IPO at USD185 per share, above the previously announced range of USD150-160 per share, raising USD5.55 billion and temporarily becoming the world's largest IPO this year. According to documents filed by Cerebras, the pricing values the company at approximately USD40 billion. Including restricted stock units, employee options and warrants, the company's fully diluted market cap is about USD49 billion, Bloomberg reported. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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