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Cerebras (CBRS.US) Becomes World's Largest IPO This Yr, Raising USD5.55B
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 temporaril...
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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.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsNew Home Sales MoM for Apr in United States is -6.2%, lower than the previous value of 7.4%.

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