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Data center operator Csquare plans to go public on the NYSE to raise up to $1.35 billion
Svmuu News: According to SEC filings, data center operator Csquare plans to list on the NYSE under the ticker symbol “CSQR.” The company intends to raise funds by issuing 50 million shares, priced between $23 and $27 per share, raising up to $1.35 billion. Based on the upper end of the price range, the company’s valuation would be approximately $4.18 billion. This IPO comes amid a global expansion cycle for AI computing power and data centers, with market demand for infrastructure assets continuing to rise. (Bloomberg)
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