StartupsQuartzabout 1 hour ago
Investors Push Back on Nscale IPO Valuation
2 min read
Investors argue for a $16 billion to $19 billion valuation for Nscale, challenging its $30 billion target. The London-based developer filed for an NYSE listing on Sept. 18 with lead bookrunners Goldman Sachs, J.P. Morgan, and Morgan Stanley. Microsoft exited a U.K. deal due to power delays, while Norway construction lags six months.
Level
Hype check
Tap to vote and see what everyone thinks.
