DayOne Data Centers Plans $5 Billion IPO in the US with Major Banks
DayOne Data Centers Ltd., based in Singapore, is preparing to confidentially file for an IPO in the US, aiming to raise approximately $5 billion. The company is collaborating with Bank of America, Citigroup, JPMorgan Chase, and Morgan Stanley. This follows a Series C funding of over $2 billion in January. The IPO registration may be submitted to the SEC soon, pending final decisions.
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DayOne Data Centers Ltd. is preparing to file confidentially for an IPO in the US, targeting approximately $5 billion in funding. The Singapore-based operator, previously known as GDS International, is working with Bank of America, Citigroup, JPMorgan Chase, and Morgan Stanley.
The draft registration with the US Securities and Exchange Commission may be submitted as early as this week, though the timing is subject to change. In January, DayOne raised over $2 billion in a Series C funding round led by Coatue Management to support its growth. The data center sector is currently attracting significant investment to support AI infrastructure.
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