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Cloudastructure Priced, Nasdaq: CSAI

Offers cloud-based video surveillance services.

Industry: Technology

Latest Trade: $7.37 0.00 (0.0%)

First Day Return: +462.5%

Return from IPO: +22.8%

We operated as a small Silicon Valley startup until early 2021 when we raised over $35 million in funding under Regulation A of the Securities Act of 1933, as amended (the “Securities Act”). With these funds we quickly built a sales, marketing and support structure and achieved a degree of early success in the property management space. As of the date of this prospectus, we have contracts in place with five of the top 10 property management companies on the National Multifamily Housing Council’s (“NMHC’s”) 2024 NMCH 50 list (Greystar Real Estate Partners, Avenue5 Residential, LLC, Cushman & Wakefield, BH Management Services, LLC and FPI Management, Inc.). Our cloud-based solutions allow our customers to provide real-time safety and security solutions for their properties, as well as easily manage security across all of their locations. As of the date of this prospectus, we are focused on expanding into more of our existing top tier customer locations, acquiring additional customers in the property management (“proptech”) space, and we anticipate entering into additional markets in 2025. Our intelligent AI solution works by identifying objects (faces, license plates, animals, guns, etc.) in video footage so that property managers can quickly search for those objects.
IPO Data
IPO Date 01/30/2025
Offer Price $6.00
Price Range $6.00 - $6.00
Offer Shares (mm) 1.7
Deal Size ($mm) $0
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Maxim Group LLC
Company Data
Headquarters Palo Alto, CA, United States
Founded 2003
Employees at IPO 20
Website www.Cloudastructure.com

Cloudastructure (CSAI) Performance

Created with Highcharts 10.3.2Chart context menuCSAI vs. IPO Index (IPOUSA)30. Jan3. Feb5. Feb9. Feb11. Feb15. Feb19. Feb23. Feb25. Feb27. Feb0%-250%+ 250%+ 500%+ 750%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexCSAIOur ETF tracks the IPO Index