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DayOne Data Centers weighs delaying or shrinking its US IPO to $2.5B–$3B

AI summary

DayOne Data Centers Ltd. is weighing options for its US initial public offering, including a potential delay or a smaller listing, according to sources cited by Bloomberg. A reduced offering could raise $2.5 billion to $3 billion, after the company had initially sought up to $5 billion in the fourth quarter. The account reached readers through a Techmeme summary of the Bloomberg report, which attributes the details to unnamed sources.

In-depth insight

The reported rethink would scale down a data-center listing that had originally targeted up to $5 billion in the fourth quarter.

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