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Nscale Files Registration Statement for Proposed Initial Public Offering
The AI cloud platform has not yet set a share count or price range, and the offering will be sold only after SEC approval.
On Friday, Nscale Limited filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its ordinary shares.
Nscale operates as a full-stack AI cloud platform, integrating software, compute, and power to enable AI training and inference for enterprises and governments.
The company has applied to list its ordinary shares on the New York Stock Exchange under the ticker symbol "NSCL."
Goldman Sachs, J.P. Morgan, and Morgan Stanley will act as lead bookrunners, supported by RBC Capital Markets, BofA Securities, and additional co-managers.
The registration statement filed with the SEC remains pending and has not yet become effective; the number of shares and price range remain undetermined.