Csquare Inc., a leading North American digital infrastructure platform, has announced the pricing of its initial public offering of 50 million shares of common stock at $21 per share.
About Csquare Inc.
Csquare Inc. provides carrier-neutral colocation and interconnection services, supporting the applications powering the modern economy. The company owns and operates a geographically diverse portfolio of highly engineered data centers across major metropolitan markets in the United States, Canada, and the United Kingdom.
The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol ‘CSQR’ on July 16, 2026. The offering is expected to close on July 17, 2026, subject to customary closing conditions.
Csquare Inc. expects the gross proceeds of the offering to be approximately $1.05 billion, before deducting underwriting discounts and commissions, or $1.2075 billion if the underwriters exercise their over-allotment option in full. The company intends to use the net proceeds from the offering to repay a portion of its outstanding indebtedness and to pay fees and expenses in connection with the offering.
Original reporting: KTBS 3 (Shreveport) — read the source article.
