{"version":1,"type":"story","url":"https://digestai.news/story/ives-ultra-ai-opportunities-raises-200m-in-nyse-ipo-at-10-a-share","json":"https://digestai.news/story/ives-ultra-ai-opportunities-raises-200m-in-nyse-ipo-at-10-a-share.json","markdown":"https://digestai.news/story/ives-ultra-ai-opportunities-raises-200m-in-nyse-ipo-at-10-a-share.md","slug":"ives-ultra-ai-opportunities-raises-200m-in-nyse-ipo-at-10-a-share","headline":"Ives Ultra AI Opportunities raises $200M in NYSE IPO at $10 a share","summary":"Ives Ultra AI Opportunities Inc. priced its initial public offering of 20 million shares at $10 each on September 30, 2026, raising $200 million before fees. The shares were expected to begin trading on the New York Stock Exchange the same day, with the offering set to close October 1. Cohen & Company Capital Markets acted as sole bookrunner.\n\nThe fund is a closed-end investment company that plans to invest at least 80% of its net assets in late-stage private AI and AI infrastructure companies, primarily in the United States. It must complete a mandatory tender offer within 12 months to repurchase shares at redemption value, currently listed at $10. Until that tender offer is completed, IPO proceeds will sit in an interest-bearing trust account at U.S. Bank N.A. The adviser, Ives Ultra Capital Management LLC, has no prior experience managing a registered closed-end fund, and the company has no operating history.","keyPoints":["20 million shares priced at $10 each for a $200 million IPO on NYSE","Fund must complete tender offer within 12 months; proceeds held in trust until then","Adviser has no prior closed-end fund experience; company has no operating history"],"whyItMatters":"First publicly listed closed-end fund dedicated to private AI companies, giving retail investors access to late-stage AI deals usually reserved for institutions.","category":{"slug":"business","name":"Business & Funding","url":"https://digestai.news/category/business"},"entities":{"companies":["Ives Ultra AI Opportunities Inc.","Ives Ultra Capital Management LLC","Cohen & Company Capital Markets, Inc.","U.S. Bank N.A.","Yorkville Ives & Co.","Yorkville Advisors Global, LP"],"models":[],"people":["Dan Ives","Edward Leathers","Jeff Leathers","Daniel Hess","Mark Angelo","Renée Motley"]},"firstPublishedAt":"2026-09-30T03:28:00Z","updatedAt":"2026-09-30T03:28:00Z","sourceCount":1,"hasPrimarySource":false,"sources":[{"outlet":"Unite.AI","title":"Ives Ultra AI Opportunities Raises $200M in NYSE IPO at $10 a Share","url":"https://unite.ai/ives-ultra-ai-opportunities-raises-200m-in-nyse-ipo-at-10-a-share","publishedAt":"2026-09-30T03:28:00Z","type":"press","primary":false,"lead":true}],"sourceNotes":null,"discussions":[],"thread":null,"cite":{"text":"Digest AI, \"Ives Ultra AI Opportunities raises $200M in NYSE IPO at $10 a share\", 30 September 2026, https://digestai.news/story/ives-ultra-ai-opportunities-raises-200m-in-nyse-ipo-at-10-a-share","publisher":"Digest AI","title":"Ives Ultra AI Opportunities raises $200M in NYSE IPO at $10 a share","datePublished":"2026-09-30T03:28:00Z","url":"https://digestai.news/story/ives-ultra-ai-opportunities-raises-200m-in-nyse-ipo-at-10-a-share"},"generatedBy":"Written by Digest AI's editorial model from the linked sources; the sources are the record.","license":"Headlines, digests and key points are written by Digest AI and may be quoted with a link to the story page. Linked articles belong to their publishers. Terms: https://digestai.news/terms#reuse"}