NasdaqGM:GDSIT
Does GDS’s New Capital Raise And DayOne IPO Plan Change The Bull Case For GDS (GDS)?
In February 2026, GDS Holdings Limited closed a US$300,000,000 private placement of Series B Redeemable Convertible Preferred Shares, including participation from Chinese institutional investors and new investor Huatai Capital Investment Limited. Upon full conversion, Huatai Capital Investment Limited would hold 44,096,580 Class A ordinary shares, equal to 2.7% of GDS’s total shares outstanding.
At the same time, affiliate DayOne Data Centers has been moving toward a potential US initial...