Eversheds Sutherland Advises Ives Ultra AI Opportunities Inc. on $200M IPO
Eversheds Sutherland Advises Ives Ultra AI Opportunities Inc. on $200 Million Initial Public Offering
October 06, 2026
United States
United States
United States
Eversheds Sutherland is pleased to have advised Ives Ultra AI Opportunities Inc. (“IVAI”) as fund counsel on its initial public offering of 20,000,000 shares of common stock at $10.00 per share.
IVAI's shares of common stock began trading on the New York Stock Exchange ("NYSE") on September 30, 2026 under the symbol "IVAI."
IVAI is the first publicly listed closed-end investment fund dedicated to providing public market investors with access to private AI companies. IVAI has up to 12 months to propose its initial private AI investments and provide investors with the opportunity to tender their shares under its Tender Offer Policy.
The Eversheds Sutherland team was led by Capital Markets Partner Owen Pinkerton and included Counsel Krisztina Nadasdy and Associates Tuong-anh Pham, Kate O’Donnell, and Samantha Wood.
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