United States · Business news · AI & Tech · 05 Oct 2026
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DayOne Data Centers Limited, a Singapore-based developer that was part of China's GDS Holdings until the end of 2024, filed a Form F-1 on October 5 to list American depositary shares on Nasdaq under the symbol DODC. It reports revenue of $512.0 million and a net loss of $77.2 million for the six months to June 30, 2026, against $484.3 million of revenue and a $367.1 million loss for all of 2025. It has 962 MW in service, 2.3 GW of bookings and 4.6 GW of secured resources, and about seven hyperscale and technology customers.
The filing puts numbers on what AI and cloud demand is worth to a landlord of computing space: half-year revenue already above the whole of 2025, funded by $4.3 billion of long-term borrowings. No price range or share count is set; Renaissance Capital estimates the raise at about $3.0 billion, which would make it one of the year's larger US listings, with Morgan Stanley, J.P. Morgan, BofA Securities, Citigroup and BNP Paribas leading. The customers that pay the rent are a handful of hyperscalers, so revenue is concentrated, and the listed comparison set is US data-centre REITs and GPU cloud companies.
Reported by SEC EDGAR ↗ on 05 Oct 2026.
Official series on 05 Oct 2026 or the last day before it, and the latest observation.
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