Ticker Launch

IPO · AI

C3.ai, Inc.

Formerly C3 IoT, Inc.; C3, Inc.

C3.ai, Inc. (AI) priced its initial public offering on Dec 9, 2020 at $42.00 per share, above its $36.00–$38.00 range, raising $651M, and listed on NYSE. At the IPO price its market capitalization was about $3.88B. Cooley advised the company and Wilson Sonsini advised the underwriters.

C3.ai, Inc. is an enterprise AI software company offering software-as-a-service applications for deploying large-scale AI applications. Its software can run on Azure, AWS, IBM Cloud, Google Cloud Platform or on-premise, and it supports the C3.ai Digital Transformation Institute research consortium.

Status
IPO
Ticker
AI
Exchange
NYSE
Priced
Dec 9, 2020
IPO price
$42.00
Price range
$36.00–$38.00
Raised
$651M
Market cap at IPO price
$3.88B
First filed
Nov 13, 2020
Company counsel
Cooley
Underwriters' counsel
Wilson Sonsini
Sector
Technology
Country / state
CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.

More on this listing for subscribers

Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.

Then $99/month or $999/year. Cancel anytime.

Filings

Other Technology IPOs in 2020