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The order book was oversubscribed 20+ times.
Bloomberg reports they are offering 30 million shares and will raise ~$5.55 billion.
The order book is over 20x+ oversubscribed.
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JUST IN: AI CHIPMAKER CEREBRAS JUST PRICED ITS IPO AT $185 PER SHARE, ABOVE THE $150-$160 MARKETED RANGE
The order book was oversubscribed 20+ times.
The full picture, per Bloomberg:
The deal:
– IPO price: $185 (above the $150-$160 range, which had already been raised Monday)… pic.twitter.com/4BoIl99v2T
— IPO Newsroom (@IPONewsroom_) May 13, 2026