Tag: infra firm
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AI infra firm Accelevation’s shares fall in tepid Nasdaq debut
Sept 30 : Data center infrastructure firm Accelevation fell 2.5 per cent in its Nasdaq debut on Wednesday, after pricing its IPO below its marketed range, signaling that investors are turning cautious on the AI story as spending uncertainty looms. Accelevation provides power distribution, cooling, structural
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AI infra firm Accelevation, shareholders raise $540 million in US IPO
Sept 29 : 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 sold 30 million shares at $18 apiece, below the marketed range of $20 to $24 each. Accelevation sold 10 million shares in the IPO,
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Oaktree-backed digital infra firm ITG aims to raise $429 million in US IPO
June 22 : Digital infrastructure firm ITG said on Monday it was aiming to raise as much as $429.3 million in its U.S. initial public offering.The Hendersonville, Tennessee-based company is offering 19.5 million shares priced between $19 and $22 apiece.ITG was bought by investment firm Oaktree Capital M
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