Day One Said to Have Confidentially Filed for $5 Billion U.S. IPO
Singapore-based data center operator DayOne Data Centers Ltd. has confidentially filed for an initial public offering in the United States, people familiar with the matter said. The company could list as early as next quarter and is considering raising about $5 billion through the IPO, the people said. They spoke on condition of anonymity because the discussions are private. Media reports previously said DayOne was targeting a valuation of about $20 billion. The people said the plans remain under consideration, and details including the offering size and timing could change. DayOne has not responded to requests for comment.
Singapore-based data center operator DayOne Data Centers Ltd. has confidentially filed for an initial public offering in the United States, people familiar with the matter said.
The company could list as early as next quarter and is considering raising about $5 billion through the IPO, the people said. They spoke on condition of anonymity because the discussions are private.
Media reports previously said DayOne was targeting a valuation of about $20 billion. The people said the plans remain under consideration, and details including the offering size and timing could change.
DayOne has not responded to requests for comment.
The company could list as early as next quarter and is considering raising about $5 billion through the IPO, the people said. They spoke on condition of anonymity because the discussions are private.
Media reports previously said DayOne was targeting a valuation of about $20 billion. The people said the plans remain under consideration, and details including the offering size and timing could change.
DayOne has not responded to requests for comment.