Ives Ultra AI Opportunities (IVAI) IPO priced at $10, raising $200 million
As seen on the 24/7 Wall St. homepage on October 1, 2026.
Priced at $10, raising $200 million
Ives Ultra AI Opportunities priced at $10 a share, putting $200 million of fresh capital behind an AI-focused vehicle that starts trading on the NYSE with Cohen & Company running the book. Twenty million shares is the whole float, so the first sessions will set the tone for how much appetite is left for new AI listings.
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Ives Ultra AI Opportunities priced its NYSE debut at $10 per share with Cohen and Company running the book. The entire float is new shares, so there is no secondary overhang and early volume comes only from fresh buyers and sellers.
That $200 million raise is one of the larger debut-day pools of capital flowing into an explicitly AI-focused vehicle, and the open serves as a real-time gauge of institutional appetite for new AI listings. With the full float available from day one, price discovery happens fast and any buyer-seller imbalance shows up immediately in the stock.
Cohen and Company as bookrunner points to a smaller, specialized offering with a more concentrated investor base and more volatile early trading. Investors watching AI sector sentiment get a clear read from the first few sessions on whether demand for new vehicles in this space remains firm.
The SEC filing is the primary source of record for the deal terms and should be the first stop for anyone wanting to review the full prospectus, use-of-proceeds language, and risk disclosures before making a decision.
Mentioned: IVAI