Dan Ives-Linked Fund Plans $200 Million IPO to Target Private AI Companies

Ives Ultra AI Opportunities Inc. is preparing a closed-end fund aimed at giving public-market investors exposure to late-stage private AI companies, with a planned $200 million IPO and an expected NYSE listing under the ticker IVAI. The vehicle adds another public wrapper to the race for access to private AI and technology startups that have stayed outside traditional stock markets.