The company today announced the pricing of its initial public offering of 20,000,000 shares of common stock at $10.00 per share. 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. IVAI’s shares of common stock are expected to begin trading on the New York Stock Exchange (“NYSE”) on September 30, 2026 under the symbol “IVAI.” IVAI also granted the underwriter an option to purchase up to 3,000,000 shares of its common stock to cover overallotments, if any. The offering is expected to close on October 1, 2026, subject to customary closing conditions.