Nscale files for NYSE IPO under ticker NSCL
ReadSayer, citing CNBC's reporting on the prospectus, reports a $1.02 billion first-half loss on $140.6 million in revenue for the AI cloud and data-center builder.
TLDR
ReadSayer reports that Nscale filed for a NYSE IPO under the ticker NSCL, naming Goldman Sachs, J.P. Morgan and Morgan Stanley as lead bookrunners. The share count and price were left unspecified. ReadSayer cites CNBC's reporting on the prospectus for a $1.02 billion first-half loss on $140.6 million in revenue.
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