Ives Ultra AI Opportunities Inc. (NYSE: IVAI) Announces Pricing of $200 Million Initial Public Offering
Key Highlights
- ➤IPO priced at $200 million: 20,000,000 shares at $10.00 each
- ➤IVAI (IVAI) expects NYSE trading to begin September 30, 2026
- ➤Underwriter received option for up to 3,000,000 overallotment shares
- ➤IVAI (IVAI) has up to 12 months to propose initial private AI investments
- ➤Offering expected to close October 1, 2026, subject to customary conditions
Expert Statements
Dan Ives, Chairman of the Board of Managers, Ives Ultra Capital Management LLC
“Dan Ives serves as Chairman of the Board of Managers of Ives Ultra Capital Management LLC, IVAI's investment adviser ("the Adviser").”
Jeff Leathers, CEO of Ives Ultra Capital Management LLC
“Jeff Leathers is CEO of the Adviser and sits on its Board of Managers.”
Ed Leathers, CFA, Portfolio manager of IVAI
“Ed Leathers, CFA, is portfolio manager of IVAI and sits on the Board of Managers of the Adviser; Mr. Ives is not IVAI's portfolio manager and does not serve on the Investment Committee.”
Ives Ultra AI Opportunities Inc. (NYSE: IVAI) Announces Pricing of $200 Million Initial Public Offering PR Newswire
SAN FRANCISCO, Sept. 30, 2026 /PRNewswire/ -- Ives Ultra AI Opportunities Inc. ("IVAI") today announced the pricing of its initial public offering of 20,000,000 shares of common stock at $10.00 per share. IVAI is the first publicly listed closed-end investment fund dedicated to providing public market investors with access to private AI companies. IVAI has up to 12 months to propose its initial private AI investments and provide investors with the opportunity to tender their shares under its Tender Offer Policy.
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