Cerebras Systems Sets IPO Price Range Between $115 and $125 Per Share
Cerebras Systems has set its initial public offering (IPO) price range between $115 to $125 per share, with 28 million shares on offer. The company aims for a market capitalization of up to $26.6 billion and gross proceeds as high as $4.03 billion if the overallotment option is exercised in full.
