DayOne Secretly Files SEC IPO Application to Raise $5B

Singapore data center operator DayOne submitted confidential US IPO paperwork targeting $5B raise and $20B valuation, with listing potentially occurring next quarter.

Woofun AI reports that Singapore-based data center operator DayOne has confidentially filed an initial public offering application with the US Securities and Exchange Commission. The firm intends to pursue a US market listing as early as the next quarter of this year, aiming to generate approximately $5 billion in proceeds against a projected $20 billion valuation. Specific terms remain under negotiation, meaning the final issuance scale and timing are subject to change.