CBRS SEC Filings
Cerebras Systems Inc. - 5 total filings
Cerebras Systems Inc. Quarterly Report for Q2 Ended Jun 30, 2026
Cerebras Systems Inc. (CBRS) has filed its quarterly report for the period ending June 30, 2026. The filing primarily focuses on corporate governance, anti-takeover provisions, and details related to recent equity issuances and the use of IPO proceeds. The company highlights its classification as an emerging growth company and outlines the conditions under which this status will change. Notably, the company has implemented significant anti-takeover measures within its charter and bylaws, which could delay or prevent a change in control, potentially limiting stockholder opportunities to receive a premium for their shares. Key financial activities detailed include the exercise of stock options and the issuance of restricted stock units (RSUs) to employees and service providers, along with the exercise of a warrant by G42 and the issuance of a new warrant to Amazon.com NV Investment Holdings LLC. The company also provides an update on the use of proceeds from its recent Initial Public Offering (IPO), stating that a portion was used for tax obligations related to RSU settlements and the remainder is intended for general corporate purposes, including working capital and operating expenses, with flexibility for potential acquisitions. Furthermore, the report discloses the adoption and termination of Rule 10b5-1 trading arrangements by several directors and officers, providing transparency into their planned stock transactions. The company also emphasizes its indemnification obligations to directors and officers and the exclusive forum provisions for legal disputes, which are designed to protect the company and its leadership but may also impact stockholder litigation strategies.
Cerebras Systems Inc. 8-K Report, Financial Results (Aug 12, 2026)
Cerebras Systems Inc. (CBRS) has filed an 8-K report on August 12, 2026, to announce its financial results for the second quarter ended June 30, 2026. The full details of these results are provided in the press release furnished as Exhibit 99.1. While this filing primarily serves to disseminate the quarterly earnings, investors should note that the information is furnished and not deemed "filed" under Section 18 of the Securities Exchange Act, limiting its legal implications in that context.
Cerebras Systems Inc. Quarterly Report for Q1 Ended Mar 31, 2026
Cerebras Systems Inc. (CBRS) has filed its quarterly report for the period ending March 31, 2026. A significant event for investors was the company's Initial Public Offering (IPO) on May 15, 2026, where it raised $6.2 billion by selling 34,500,000 shares of Class A common stock at $185.00 per share. The net proceeds from this IPO are intended for general corporate purposes, including working capital, operating expenses, and potential strategic acquisitions or investments, with significant flexibility in their allocation. The company also highlighted various issuances of equity and preferred stock prior to and immediately following the IPO, including substantial sales of Series H redeemable convertible preferred stock which raised $1.0 billion. The report also details significant corporate governance provisions, including a multi-class stock structure, a classified board, and limitations on stockholder actions, designed to deter hostile takeovers. These provisions could limit stockholders' ability to receive a premium for their shares in a change-of-control scenario. Furthermore, the company has extensive indemnification provisions for its directors and officers, which could potentially reduce available funds for third-party claims. A notable recent development is the issuance of a warrant to Amazon.com NV Investment Holdings LLC (AWS) tied to a commercial agreement, with vesting contingent on payment thresholds, and a limitation on beneficial ownership.
Cerebras Systems Inc. 8-K Report, Financial Results (Jun 23, 2026)
Cerebras Systems Inc. (CBRS) has filed an 8-K report on June 23, 2026, primarily to announce its financial results for the first quarter ended March 31, 2026. While the 8-K itself does not contain the detailed financial figures, it indicates that the full press release with these results is furnished as Exhibit 99.1. Investors should refer to this exhibit for specifics on revenue, profitability, and other key financial metrics. The filing also includes the standard Cover Page Interactive Data File. It's important to note that the information furnished under Item 2.02, including the press release, is not considered "filed" for regulatory purposes under Section 18 of the Securities Exchange Act of 1934, nor is it automatically incorporated by reference into future filings, unless explicitly stated. Investors are encouraged to review Exhibit 99.1 for a comprehensive understanding of Cerebras Systems' recent financial performance.
Cerebras Systems Inc. 8-K Report, Bylaw Amendment (May 15, 2026)
Cerebras Systems Inc. (CBRS) has filed an 8-K report detailing significant corporate actions coinciding with its initial public offering (IPO). The company has officially amended and restated its certificate of incorporation and bylaws, effective upon the closing of its IPO. These changes are crucial for establishing the company's new corporate structure as a publicly traded entity, aligning with the terms outlined in its final prospectus. The most significant event reported is the successful completion of Cerebras Systems' IPO on May 15, 2026. The company offered 34,500,000 shares of Class A common stock at $185.00 per share, including the full exercise of the underwriters' option. This resulted in substantial gross proceeds of $6.4 billion, positioning the company with significant capital for future growth and operations.