C3.ai

C3.ai Files to Go Public

Artificial intelligence software provider C3.ai has filed with the Securities and Exchange Commission a registration statement for its planned initial public offering

The company said Friday it plans to list its Class A common stock on the New York Stock Exchange using the ticker symbol “AI” and that details about the price range and number of shares to be put up for the IPO are yet to be determined. 

Morgan Stanley, BofA Securities and J.P. Morgan serve as lead bookruning managers for the proposed IPO. Deutsche Bank Securities will also act as a bookrunning manager. 

Canaccord Genuity, KeyBanc Capital Markets, JMP Securities, Piper Sandler and Needham & Company serve as co-managers for the planned offering.

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