Nasdaq

Cerebras Systems plans a Nasdaq IPO, aiming to raise up to $3.5 billion and potentially valuing the AI chip firm at $26.6 billion. The company has shifted to a cloud service model powered by its proprietary chips, bolstered by a massive $20 billion deal with OpenAI. Despite a challenging IPO market, renewed investor enthusiasm for generative AI infrastructure, evidenced by competitor IPOs, favors Cerebras. The company also reported strong revenue growth and net income, positioning it for a promising public debut.

Crypto investment firm CoinShares is set to debut on Nasdaq via a SPAC merger, aiming to significantly expand its U.S. market presence. The European asset manager, managing $6 billion in assets, seeks to leverage its U.S. listing to accelerate growth and become a larger organization. Despite market volatility, CoinShares emphasizes its consistent profitability and fiduciary approach to digital asset management.

The Nasdaq saw its steepest weekly decline since April 2025, with tech giants like Meta and Micron experiencing significant drops. This downturn was fueled by escalating geopolitical tensions in the Middle East and rising energy prices, leading investors to rotate away from growth stocks. Meta’s losses were attributed to legal setbacks, while Micron’s sell-off followed strong earnings, highlighting market sensitivity to broader economic concerns. Attention now turns to potential IPOs from Elon Musk’s ventures and Tesla’s delivery figures.

Hennessy Capital Investment Corp. VIII (HCIC) has successfully priced an upsized $210 million IPO, offering units at $10.00 on Nasdaq. The SPAC, led by Daniel J. Hennessy, will focus its search on industrial innovation and energy transition sectors. Underwriters Barclays Capital Inc. and Cohen & Company Capital Markets are leading the offering, with an option for additional units. Each unit includes a Class A ordinary share and a Share Right.

Mevo Global Acquisition Corp. II, a SPAC, has raised $300 million through its IPO, trading on Nasdaq under “MEVOU.” The company will focus on acquiring businesses in the critical minerals sector, essential for U.S. economic stability and national security. The IPO included 30 million units at $10.00 each, with full exercise of the over-allotment option. The leadership team, headed by Stephen Silver and Ashley Zumwalt-Forbes, aims to leverage this capital for strategic business combinations in this increasingly vital industry.

Muzero Acquisition Corp priced its $175 million IPO at $10 per unit, raising capital for a SPAC targeting tech-enabled companies. Trading begins January 30, 2026, on Nasdaq. The company, led by CEO Von Lam, aims to merge with innovative businesses. An overallotment option could increase funds raised over $200 million.

EquipmentShare has set its IPO price at $24.50 per share, valuing the connected jobsite technology and rental provider at approximately $747.25 million. The company will issue 30,500,000 shares, with an option for underwriters to purchase an additional 4,575,000 shares. Trading is set to begin on Nasdaq under the ticker “EQPT” on January 23, 2026. This offering highlights investor confidence in the growing construction technology sector and EquipmentShare’s integrated T3® platform.

Infinite Eagle Acquisition Corp. has successfully raised $300 million through its IPO, offering 30 million units at $10 each. Trading on Nasdaq under IEAGU, this SPAC is notable for its “warrantless” structure, where units include a share right instead of traditional warrants, potentially appealing to investors seeking to avoid dilution. Backed by experienced investors Harry Sloan, Jeff Sagansky, and Eli Baker, the seasoned management team will seek a business combination across any industry. Goldman Sachs is the underwriter, with a 45-day option for additional units.

Autozi Internet Technology has regained compliance with Nasdaq’s minimum market value requirement, as confirmed by a January 13, 2026, notification. The company now meets Nasdaq Listing Rule 5450(b)(2)(A) and all other continued listing standards, leading to the cancellation of its scheduled hearing. Autozi’s shares will continue trading on the Nasdaq Global Market, reflecting renewed market confidence in its automotive lifecycle service and supply-chain technology platform in China.