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AI infra firm Accelevation, shareholders raise $540 million in US IPO

Sept 29 (Reuters) - Accelevation and selling ⁠shareholders raised $540 million in a US initial public offering, the private ⁠equity-backed data center infrastructure firm said on Tuesday.

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人工智能基础设施公司Accelevation及其股东在美国IPO中筹集了5.4亿美元。

FILE PHOTO: Accelevation logo is seen in this illustration taken, September 5, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

Sept 29 (Reuters) - Accelevation and selling ⁠shareholders raised $540 million in a US initial public offering, the private ⁠equity-backed data center infrastructure firm said on Tuesday.

They sold 30 million shares ‌at $18 apiece, below the marketed range of $20 to $24 each. Accelevation sold 10 million shares in the IPO, while certain selling stockholders affiliated with Olympus Partners parted ways with 20 million shares.

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