According to @Reuters, the offering price range has been raised to $150-160 to raise approximately $4.8 billion with a market cap of about $34 billion (up from an initial valuation of $26.6 billion)
Also, the number of shares offered has been increased from 28 million to 30 million shares
The final pricing will be on May 13, with trading starting on May 14 on Nasdaq under the symbol $CBRS
@Polymarket predicts a 90% chance that the market cap will exceed $50 billion at the close of the first trading day
This means the market expects the stock to rise by more than 47% on the first day (comparing the offering valuation of about $34 billion to the expected closing valuation of over $50 billion)
強力なアップデート： @cerebras $CBRS
According to @Reuters, the offering price range has been raised to $150-160 to raise approximately $4.8 billion with a market cap of about $34 billion (up from an initial valuation of $26.6 billion)
Also, the number of shares offered has been increased from 28 million to 30 million shares
The final pricing will be on May 13, with trading starting on May 14 on Nasdaq under the symbol $CBRS
@Polymarket predicts a 90% chance that the market cap will exceed $50 billion at the close of the first trading day
This means the market expects the stock to rise by more than 47% on the first day (comparing the offering valuation of about $34 billion to the expected closing valuation of over $50 billion)
#GateSquareMayTradingShare #BTCBreaks82000 $BTC $SOL $ATOM3S $CBRS