Csquare Initial Public Offering Priced Below Views

Dow Jones

Jul 16

Shares of Csquare are set to make their trading debut Thursday after the data-center company's initial public offering was priced below expectations, raising more than $1 billion.

Csquare said it is selling 50 million shares at $21 apiece, compared with an expected price range of $23 to $27 each.

The pricing gives the Coppell, Texas, company backed by alternative asset manager and investment firm Brookfield an initial market capitalization of around $3.25 billion.

Csquare shares are due to begin trading later Thursday on the New York Stock Exchange under the symbol CSQR.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

July 16, 2026 05:47 ET (09:47 GMT)

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