ACCELEVATION PRICES IPO BELOW RANGE FOR $540M
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Data center infrastructure company Accelevation Holdings Corp. raised $540 million in its US initial public offering at a price below the marketed range. The offering was backed by Olympus Partners.
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Accelevation Holdings Corp., a data center infrastructure firm, saw shares decline 2.5% following its initial public offering. The company and its private equity backer raised $540 million, though the IPO priced below its marketed range.
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