C3.ai also intends to grant the underwriters a 30-day option to purchase up to an additional 2,325,000 shares of Class A common stock from C3.ai. Type a symbol or company name. Create your Watchlist to save your favorite quotes on Nasdaq.com. The Rise Fund and Sutter Hill Ventures are the most recent investors. © 2021, Nasdaq, Inc. All Rights Reserved. As seen with this week’s hugely successful IPO of C3.ai, there continues to be lots of interest in the AI space. The rating merely reflects the opinion of the professionals at the time of publication and is subject to last-minute changes due to market conditions, changes in a specific offering and other factors, such as changes in the proposed offering terms and the shifting of investor interest in the IPO. I just checked with the Nasdaq IPO calendar and it says next week, but it didn't say any specific date. Copy and paste multiple symbols separated by spaces. IPO date for C3.AI (AI) Question. 1300 Seaport Blvd, Suite 500 Redwood City, CA 94063, Morgan Stanley/ J.P. Morgan/ BofA Securities. C3.ai, which provides a SaaS platform for deploying enterprise AI applications, announced terms for its IPO on Monday. Dec 9, 2020. Industry: PREPACKAGED SOFTWARE The article Enterprise AI software maker C3.ai sets terms for $504 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Nasdaq hit a record first quarter after it welcomed 275 IPOs that raised $74.4 billion in total proceeds. Author: The total size of the offering was $651,000,000 based on an initial share price of $42.00. Anyone got any idea when is the specific date? C3.ai is an artificial intelligence technology company which came public via IPO in December of last year. Deep-dive into C3 AI Suite's capabilities, its model-driven architecture, and test it against your company's sample data set. 2, 2021 at 9:54 a.m. Enterprise AI software maker C3.ai sets terms for $504 million IPO, Best Cryptocurrency Stocks To Buy Before April 2021? C3.ai, the software maker founded by former Oracle executive Tom Siebel, filed Friday for an initial public offering. During the company's quiet period, underwriters and any insiders that worked on the IPO are restricted from issuing any research reports for the … Identify a high-impact business problem and collaborate with the C3 AI team to rapidly build an AI application that solves it. C3.ai had issued 15,500,000 shares in its initial public offering on December 9th. It plans to list on the NYSE under the symbol AI. Disclaimer: A SCOOP Rating (Wall Street Consensus of Opening-day Premiums), is a general consensus taken, at press time, from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading. The firm provides machine learning and artificial intelligence software to organizations worldwide. C3.ai Inc is an enterprise artificial intelligence company. C3.ai has filed to raise $504 million in an IPO. C3.ai's lock-up period expires on Monday, June 7th. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. C3.ai was founded in 2009 and booked $165 million in revenue for the 12 months ended October 31, 2020. The IPOScoop.com staff does not issue advice, recommendations or opinions. Their stock opened with $42.00 in its Dec 9, 2020 IPO. Enterprise software company C3.ai on Monday morning became the latest tech firm planning an initial public offering this week to boost its expected price … Disclosure: Nobody on the IPOScoop.com staff has a position in any stocks mentioned above, nor do they trade or invest in IPOs. C3.ai General Information Description. Renaissance Capital's Renaissance IPO ETF (symbol: IPO), Renaissance International ETF (symbol: IPOS), or separately managed institutional accounts may have investments in securities of companies mentioned. Its two primary families of software solutions include the C3 AI Suite, which is a comprehensive application development and runtime environment that is designed to allow its customers to design, develop, and deploy Enterprise AI applications of any type; and C3 AI Applications, which is built using the C3 AI Suite and includes a family of industry-specific and application-specific turnkey AI solutions. When C3.ai (NYSE: AI) went public in December, it did so as a … - Renaissance Capital It is expected to price during the week of December 7, 2020. The initial public offering … C3.ai's IPO prospectus gives a graphical representation of the platform-as-a-service the company has built to analyze data from sensors throughout IoT infrastructure. C3.ai is offering 15.5 million shares of AI stock in its IPO. Artificial Intelligence Firm C3.ai Raises IPO Price Range C3.ai is the latest firm to boost its initial range in the face of strong demand for initial pubic offerings. The company has priced these shares at $42 each. 6. C3.ai. Founded Date Jan 1, 2009; Founders Patricia House, Thomas Siebel; Operating Status Active; Last Funding Type Series F; Also Known As C3 IoT, C3, Inc, C3; Legal Name C3.ai, Inc. Hub Tags Exited Unicorn Stock Symbol NYSE:AI ; Company Type For Profit; Contact Email firstname.lastname@example.org; Phone Number (650) 503 … You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. ET by Tomi Kilgore C3.ai stock price target cut to $175 from $200 at Wedbush C3.ai. (Note: C3.ai increased its IPO price range by 13.8 percent to $36 to $38, up from $31 to $34, in an SEC filing dated Dec. 7, 2020.) IPO date for C3.AI (AI) Question. C3.ai sets terms for IPO, which could value the AI software company at over $3 billion Published: Nov. 30, 2020 at 6:51 a.m. These symbols will be available throughout the site during your session. That’s above the company’s previous IPO target range of $36 to $38 per share. The company provides software-as-a-service applications that enable customers to rapidly develop, deploy, and operate large-scale Enterprise AI applications across any infrastructure. The Redwood City, CA-based company plans to raise $504 million by offering 15.5 million shares at a price range of $31 to $34. ET Koch Industries and Microsoft intend to purchase a combined $150 million in a concurrent private placement. C3.ai had issued 15,500,000 shares in its public offering on December 9th. C3.ai (AI) intends to raise $504 million from the sale of its common stock in an IPO, according to an amended registration statement. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. The IPO market remained active in Q1 of 2021 as it followed the continued momentum seen in the second half of last year. Its solution … C3.ai has granted the underwriters a 30-day option to purchase up to an additional 2,325,000 shares of Class A common stock at the initial public offering price … The Redwood City, CA-based company plans to raise $504 million by … Posted by 1 month ago. C3 AI Applications, built using the C3 AI Suite, include a large and growing family of industry-specific and application-specific turnkey AI solutions that can be immediately installed and deployed. By Tom Taulli Contributor. The article Enterprise AI software maker C3.ai files for a $100 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com. C3.ai stock price target cut to $120 from $140 at Canaccord Genuity Mar. The SCOOP Rating does not reflect the opinions of anyone associated with IPOScoop.com. When the symbol you want to add appears, add it to Watchlist by selecting it and pressing Enter/Return. The total size of the offering was $651,000,000 based on an initial share price of $42.00. The company provides SaaS applications that enable the rapid deployment of enterprise-scale AI applications on Azure, AWS, the IBM Cloud, Google Cloud Platform, or on-premise. The SCOOP ratings should not be taken as investment advice. The last thing I recall thinking about C3.ai (C3) was seeing its billboards outside San Francisco and asking myself what the hell the company actually did and how much it … 2020 was a huge year for SPAC offerings, while a few well-known IPOs came public as well. C3 AI has acquired Efficiency 2.0 on May 1, 2012. C3.ai IPO: What Investors Need to Know Discover how C3.ai is making it easier for enterprises to deploy and make sense of AI solutions. IPO date: December 9, 2020; IPO price: $42; EOY price: $161.00; C3.ai has developed an AI platform that targets enterprises. C3 AI is funded by 8 investors. The post Buy the Plunge in C3.ai Stock Before It … C3 AI is registered under the ticker NYSE:AI . At the midpoint of the proposed range, C3.ai would command a fully diluted market value of $4.3 billion. C3.ai is changing the world, and my numbers indicate that AI stock has about 100% upside potential over the next year. Type a symbol or company name. Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products. Everything you need to know about the C3.ai IPO including Offer Price, Filed Date, IPO Date, Offer Shares, Dealsize and Underwriters. Morgan Stanley, J.P. Morgan, BofA Securities and Deutsche Bank are the joint bookrunners on the deal. IPO date: Dec. 9, 2020; IPO price: $42; Last private valuation: Unknown; IPO valuation: $9.6 billion; EOY price: $166.90; C3.ai was one of the lesser-known companies to go public the week of Dec. 9, as consumer-facing household names like Airbnb and DoorDash also started trading on the public markets. The C3.ai design logo, “C3.ai,” and our other registered or common law trademarks, service marks or trade names appearing in this prospectus are the property of C3.ai, Inc. Other trade names, trademarks, and service marks used in this prospectus are the property of their respective owners. C3.ai, which provides a SaaS platform for deploying enterprise AI applications, announced terms for its IPO on Monday. C3.ai, the enterprise AI software company, filed its S-1 prospectus for an IPO with the Securities and Exchange Commission on Friday, and it plans to … Insider BlackRock and new investor Capital Research Global Investors intend to purchase a combined 20% of shares in the offering. Close. The information offered is taken from sources we believe to be reliable, but we cannot guarantee the accuracy. 4 To Consider, The Top 28 Cryptocurrencies to Know in 2021: BTC, ETH, DOGE and More, How Halvings Will Bring The Bitcoin Price To $400,000, ACON Investments' sustainability-focused SPAC ACON S2 Acquisition prices $250 million IPO at $10, Micro-cap online gambling platform Esports Technologies files and sets terms for a $10 million IPO, Nasdaq Sets First Quarter Record with 275 IPOs, Renaissance International ETF (symbol: IPOS), Do Not Sell My Personal Information (CA Residents Only). C3.ai's (NYSE:AI) quiet period will end on Monday, January 18th.