X @Ansem
Ansem 🧸💸·2026-05-14 14:54
RT Wayne Liang (@wliang)T minus ~30 minutes until $CBRS goes live at $185/share on Nasdaq.Quick recap on how things progressed:> $115-$125 range filed May 4> Bumped to $150-$160 on May 11> Priced at $185 the night of May 13> Trading at nearly 2x on Perps$56B+ valuation. $5.55B raised. Officially one of the largest US IPOs ever and the biggest tech IPO of the year.> $25B+ backlog vs $56B valuation - still a strong backlog to MC ratio for an AI infrastructure company at IPO> $510M 2025 revenue with 47% net ma ...