StoryFunding
Cerebras begins trading on Nasdaq as CBRS after a $5.55B IPO
Cerebras priced its IPO at $185 per share, selling 30 million shares for about $5.55 billion, and began trading on Nasdaq as CBRS on May 14, 2026. Underwriters had an option on 4.5 million additional shares, potentially raising total proceeds to around $6.3 billion.
- IPO price: $185 per share; primary offering: 30 million shares for ~$5.55 billion.
- Underwriters granted 30-day option to purchase 4.5 million additional shares.
- Began trading on Nasdaq under ticker CBRS on May 14, 2026, with closing expected May 15.