Cerebras Systems completes $6.4 billion IPO at $185.00 per share on May 15, 2026
Cerebras Systems Inc. completed its initial public offering of Class A common stock on May 15, 2026, selling 34,500,000 shares at $185.00 per share, including the underwriters' full option of 4,500,000 additional shares. The company also adopted amended and restated charter and bylaws that took effect at the IPO closing, which shareholders can review in the filing's exhibits and in the prospectus.
Key points
- IPO priced at $185.00 per share; 34,500,000 shares sold, including 4,500,000 from the underwriters' full option.
- Gross proceeds to the company were $6.4 billion, before underwriting discounts and estimated offering expenses.
- Amended and restated certificate of incorporation was filed with Delaware on May 15, 2026; bylaws took effect at closing.
- Final prospectus is dated May 13, 2026; the registration statement on Form S-1 was filed May 14, 2026.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 15, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.