Closed-end investment fund
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Publicly listed on NYSE under IVAI
Dan Ives, the tech analyst known for bullish AI calls, priced a new closed-end fund at $10 per share on September 30, raising $200 million to invest in private AI companies. The fund, Ives Ultra AI Opportunities Inc. (NYSE: IVAI), began trading the same day. It is the first publicly listed fund dedicated to giving retail investors access to late-stage private AI firms, a segment typically reserved for accredited investors.
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