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Cerebras begins trading on Nasdaq as CBRS after a $5.55B IPO

Cerebras

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.
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