Vida Announces Closing of Initial Public Offering

Rhea-AI Summary

Vida (NYSE American, NYSE Texas: VIDA) closed its initial public offering of 3,750,000 shares of Class A common stock at a public offering price of $4.00 per share.

The company granted underwriters a 30-day option for up to 562,500 additional shares, and trading began on May 15, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

• IPO of 3,750,000 Class A shares at $4.00 per share completed
• Shares listed on both NYSE American and NYSE Texas under symbol VIDA
• 30-day underwriter option for up to 562,500 additional shares
• Registration statements declared effective by SEC on May 14, 2026

Negative

• None.

News Market Reaction – VIDA

+1.34% 1.7x vol

6 alerts

+1.34% News Effect

-22.6% Trough in 1 hr 37 min

+$489K Valuation Impact

$36.99M Market Cap

1.7x Rel. Volume

On the day this news was published, VIDA gained 1.34%, reflecting a mild positive market reaction. Argus tracked a trough of -22.6% from its starting point during tracking. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $489K to the company's valuation, bringing the market cap to $36.99M at that time. Trading volume was above average at 1.7x the daily average, suggesting increased trading activity.

Data tracked by StockTitan Argus on the day of publication.

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AUSTIN, Texas, May 18, 2026 /PRNewswire/ -- Vida Global, Inc. ("Vida"), an AI Agent Operating System for modern businesses, announced today the closing of its initial public offering of an aggregate of 3,750,000 shares of its Class A common stock at a public offering price of $4.00 per share. In addition, Vida has granted the underwriters a 30-day option to purchase up to an additional 562,500 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions. The shares of Class A common stock began trading on the NYSE American LLC and NYSE Texas, Inc. on May 15, 2026 under the symbol "VIDA."

The Benchmark Company, LLC acted as the sole book-running manager for the offering.

A registration statement relating to the shares was filed with the U.S. Securities and Exchange Commission and was declared effective on May 14, 2026. In addition, a registration statement filed pursuant to Rule 462(b) of the Securities Act of 1933, as amended, relating to the shares was filed with the U.S. Securities and Exchange Commission on May 14, 2026 and became automatically effective upon filing. The offering was made only by means of a prospectus. Copies of the final prospectus may be obtained for free by visiting EDGAR on the U.S. Securities and Exchange Commission (the "SEC") website at www.sec.gov. Alternatively, copies of the final prospectus may be obtained from: The Benchmark Company, LLC at 150 East 58^th Street, 17^th Floor, New York, NY 10155, or by email at prospectus@benchmarkcompany.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

ABOUT VIDA

Vida is an AI agent operating system that enables businesses to build, deploy, manage, and monetize AI agents capable of running business operations and communications. The platform is model-agnostic, orchestrating across Vida's proprietary technology and leading large language models and AI systems, including OpenClaw, to deliver intelligent, full-stack agents across industries. Vida serves direct enterprise customers and a global network of resellers, agencies, and partners. For more information, visit https://vida.io.

MEDIA CONTACT

ICR for Vida
vida@icrinc.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/vida-announces-closing-of-initial-public-offering-302775295.html

SOURCE VIDA Global Inc.

FAQ

What are the key details of the Vida (VIDA) IPO that closed on May 18, 2026?

Vida completed its IPO of 3,750,000 Class A shares at $4.00 per share. According to Vida, the shares trade on NYSE American and NYSE Texas under the symbol VIDA after SEC registration became effective on May 14, 2026.

At what price was Vida (VIDA) Class A common stock offered in its IPO?

Vida priced its Class A common stock at a public offering price of $4.00 per share. According to Vida, this price applied to 3,750,000 shares sold in the IPO, with an additional 30-day option granted to underwriters for 562,500 shares.

When did Vida (VIDA) begin trading on NYSE American and NYSE Texas?

Vida shares began trading on NYSE American and NYSE Texas on May 15, 2026. According to Vida, the Class A common stock trades under the ticker symbol VIDA following effectiveness of SEC registration statements on May 14, 2026.

How many shares were included in the Vida (VIDA) initial public offering?

Vida’s IPO covered 3,750,000 shares of its Class A common stock. According to Vida, underwriters also received a 30-day option to purchase up to 562,500 additional shares at the IPO price, less underwriting discounts and commissions.

Which investment bank acted as book-running manager for the Vida (VIDA) IPO?

The Benchmark Company served as sole book-running manager for Vida’s IPO. According to Vida, Benchmark managed the offering of 3,750,000 Class A shares and can provide the final prospectus via its New York office or designated email address.

Where can investors access the final prospectus for the Vida (VIDA) IPO?

Investors can access the final Vida IPO prospectus for free via the SEC’s EDGAR website. According to Vida, copies are also available from The Benchmark Company at its New York address or by emailing the firm’s prospectus contact.