Eversheds Sutherland Advises Ives Ultra AI Opportunities Inc. on $200M IPO

network connecting black and white pilonsnetwork connecting black and white pilons

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. 

The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

Services

Industries

Key contacts

owenpinkerton@eversheds-sutherland.com

Owen J. Pinkerton

Partner

Washington, DC, United States

Latest Insights

Latest News

Latest Events

  • hybrid
  • virtual | November 17, 2026
  • in-person | November 18, 2026
  • virtual | November 24, 2026
EV charging COP31

legal updates

November 11, 2026

COP31: Energy and Transport – Electrification takes center stage in Antalya

tracker image - Algorithmic

legal updates

November 11, 2026

Algorithmic Management of Workforces: Is your business a “platform” without...

atrium interior architecture curved levels modern office building design

legal updates

November 10, 2026

Technology Law Shorts - November 2026

Antalya image new

legal updates

November 10, 2026

COP31: Opening day puts health and heat risk in focus

© Eversheds Sutherland 2026. All rights reserved. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client. For further information about these Eversheds Sutherland Entities and Eversheds Sutherlands’ structure please see the Legal Notices page of this website.