06:57 AM EDT, 05/04/2026 (MT Newswires) -- Cerebras Systems (CBRS) intends to kick off the roadshow for a proposed initial public offering of its class A common shares, the company said Monday.

The company filed a registration statement with the US Securities and Exchange Commission to offer 28 million shares, expected to be priced between $115 and $125 apiece.

Cerebras said it plans to grant a 30-day overallotment option to the underwriters to purchase up to 4.2 million additional shares.

The company expects its shares to trade on the Nasdaq Global Select Market under the ticker symbol CBRS.