Articles from Cerebras Systems, Inc.

Cerebras Systems, Inc. (“Cerebras”) today announced that it plans to commence the roadshow for its proposed initial public offering of its Class A common stock. Cerebras has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the “SEC”) to offer an aggregate of 28,000,000 shares of its Class A common stock to the public. In addition, Cerebras intends to grant the underwriters a 30-day option to purchase up to an additional 4,200,000 shares of its Class A common stock. The initial public offering price is expected to be between $115.00 to $125.00 per share. Cerebras has applied to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol “CBRS.”