DayOne Files for US Initial Public Offering
Data center operator DayOne has filed for an initial public offering in the United States. The Singapore-based firm reported a significant revenue increase alongside a net loss for the first half of the year.
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Data center operator DayOne filed for an IPO in the United States on Monday, testing investor appetite for digital infrastructure listings. The filing reveals revenue rose to $512M for the six months ended June 30, up from $151.5M a year earlier. The offering tests market resilience as elevated borrowing costs prompt other issuers to delay their public debuts.
