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Cerebras Systems Inc. completed its initial public offering on NASDAQ on May 14, 2026, pricing at $185.00 a share.
| Ticker | CBRS |
|---|---|
| Exchange | NASDAQ |
| Status | Completed |
| Listing date | May 14, 2026 |
| Offering price | $185.00 |
| Shares offered | 30,000,000 |
| Total raised | $5,550M |
Cerebras Systems Inc. sold 30,000,000 shares at $185.00 each on NASDAQ. Multiplied out, that is $5.55 billion in gross proceeds, the figure before underwriting discounts and offering expenses, and it agrees with the $5.55 billion total recorded for the deal.
Measured by money raised, Cerebras Systems Inc. was the 3rd largest of 473 completed IPOs with a recorded deal size that this site tracks since October 5, 2024. It is one of 46 deals in that window to raise $500 million or more. The median deal in the same window raised $200 million, so this one was about 27.8 times the typical size.
Among the 342 listings on NASDAQ alone, it is the 2nd largest.
May 2026 saw 28 completed IPOs in the site's data; by amount raised, Cerebras Systems Inc. was the largest of the 21 deals with a recorded size.
Its $185.00 offer price was the highest of the 479 listings in the window with a recorded price. A share price on its own says nothing about a company's value; it depends on how many shares exist.
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Source: SEC EDGAR filings for Cerebras Systems Inc.. This page is general information, not investment advice.