AI infra firm Accelevation, shareholders raise $540 million in US IPO

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 30 Sept, 03:02 UTC

Accelevation and selling shareholders raised $540 million in a US initial public offering, the private equity-backed data center infrastructure firm said on Tuesday. They offer 30 million shares at $18 apiece, below the marketed range of $20 to $24 each.

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Sources

• T1AI infra firm Accelevation, shareholders raise $540 million in US IPOEconomic Times — Tech / Technology / Startups / ETTelecom30 Sept, 03:02