HedgeCo.Net — Ives Ultra AI Opportunities Inc., a newly formed closed-end fund advised by Ives Ultra Capital Management LLC, is seeking a New York Stock Exchange listing under ticker IVAI, according to coverage citing Bloomberg and TokenPost’s summary of the preliminary filing. Reports citing Bloomberg said the IPO aims to raise about $200 million, with order books expected to close around September 29, 2026 and trading anticipated September 30.
TokenPost, summarizing the preliminary filing, said the fund plans to invest at least 80% of assets in AI and AI infrastructure companies, centered on late-stage U.S. private companies. Dan Ives sits on the adviser’s board of managers; TokenPost reported he is not on the Investment Committee and is not expected to make investment decisions.
The vehicle is positioned as permanent public capital for private late-stage AI exposure, distinct from venture interval funds or open-end liquid alts.
For public-markets and private-wealth desks watching AI access products, the hard marks are the about $200 million targeted IPO size, proposed NYSE ticker IVAI, at least 80% AI / AI-infrastructure allocation per the TokenPost filing summary, and expected pricing around September 29 with trading around September 30 as reported via Bloomberg-cited coverage. Do not invent share price, underwriter economics, or portfolio holdings beyond published reports.