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DayOne Weighs Delay or Smaller US IPO Amid Data Center Rout

DayOne Data Centers is considering delaying or shrinking its planned US initial public offering, which could raise $2.5B to $3B instead of the up to $5B it originally sought, as volatility in the data center sector grows.

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Oct 20, 7:50 PM techmeme.com Sources: DayOne is weighing options for its US IPO, including a delay or smaller listing that could raise $2.5B to $3B, after initially seeking up to $5B in Q4 (Bloomberg)
Oct 20, 6:44 PM bloomberg.com DayOne Said to Weigh Options for US IPO After Data Center Rout