Wall Street Reassesses the Value of AI Infrastructure Assets? Data Center Operator Csquare (CSQR.US) IPO Priced Below Guidance Range

Zhihu Finance APP reports that Csquare, which owns and operates 64 data centers in the United States and the United Kingdom and offers hosting services, has priced its IPO at $21, below the expected range. The company plans to issue 50 million shares at $21 each, which could raise approximately $1.1 billion, with the offering price lower than the previously planned range of $23 to $27 per share.