Vida Global closes IPO raising $15 million

Vida Global Inc. (NYSE American: VIDA) completed its initial public offering on May 18, selling 3.75 million shares of Class A common stock at $4.00 per share, according to a company statement.

The Austin-based company, which develops AI agent operating systems for businesses, raised $15 million from the offering. Vida also granted underwriters a 30-day option to purchase up to 562,500 additional shares at the IPO price, minus underwriting discounts and commissions.

The Benchmark Company LLC served as the sole book-running manager for the offering. Vida's shares began trading on NYSE American LLC and NYSE Texas Inc. on May 15 under the ticker symbol "VIDA."

The Securities and Exchange Commission declared Vida's registration statement effective on May 14. An additional registration statement filed under Rule 462(b) became automatically effective upon filing the same day.

Vida's platform enables businesses to build, deploy, manage and monetize AI agents for business operations and communications. The company describes its system as model-agnostic, working with various large language models and AI systems including OpenClaw.

The company serves enterprise customers directly and through a network of resellers, agencies and partners globally.

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