On Oct 21 Beijing time, DayOne issued another statement saying it may delay its IPO or scale down the offering, with the final size potentially reduced to about $2.5 billion to $3 billion, roughly half of its original target.
Singapore-based data center operator DayOne Data Centers has filed an F-1 registration statement with the U.S. SEC for a Nasdaq listing, potentially raising up to $5 billion at a valuation of about $20 billion. The company plans to use part of the proceeds to develop new data center projects.
SoftBank-backed DayOne Data Center filed its IPO prospectus with the U.S. SEC on Monday (Oct 5), planning to raise up to $5 billion in a U.S. IPO and aim to list American depositary shares on Nasdaq by the end of this year. First-half revenue more than tripled to $512 million year over year, while net loss widened from $13.5 million to $81.9 million.