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Cerebras upsizes IPO to 30M shares at $150-$160 each, targets $4.8B

Cerebras upsizes its IPO to 30 million shares priced at $150–$160 each, raising the target to $4.8 billion at a valuation of up to $34.4 billion.

May 11 · · primary fetch1 sourceupdated May 11 ·

Carmen Reinicke / Bloomberg: SEC filing: Cerebras upsizes its IPO to 30M shares at $150-$160 each, up from 28M shares at $115-$125, aiming to raise up to $4.8B at an up to $34.4B valuation — Cerebras Systems Inc.

increased the size of its initial public offering, now seeking to raise as much as $4.8 billion …

read full article on techmeme.com
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  1. techmeme.comSEC filing: Cerebras upsizes its IPO to 30M shares at $150-$160 each, up from 28M shares at $115-$125, aiming to raise up to $4.8B at an up to $34.4B valuation (Carmen Reinicke/Bloomberg)primary