AI agent OS startup Vida Global goes public on NYSE

Investing.com -- Vida Global has begun trading today on NYSE American and NYSE Texas under the ticker symbol "VIDA," marking the Austin-based company's first day as a publicly listed firm.

The company priced its initial public offering yesterday at $4.00 per share, selling 3,750,000 shares of Class A common stock to raise $15 million.

Shares are currently trading at $3.15. Underwriters have been granted a 30-day option to purchase an additional 562,500 shares at the IPO price.

Vida describes itself as an AI Agent Operating System built for modern enterprises, positioning its platform as the infrastructure layer that allows organizations to deploy intelligent agents across business functions in a secure and scalable manner.

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

Founder and CEO Lyle Pratt told Investing.com that he believes the public debut is a launchpad for a broader ambition.

"Becoming a public company marks an important milestone for Vida, and will help us accelerate the much larger mission of transforming the enterprise landscape," he said. “The opportunity ahead is to build the operating layer that enables organizations to deploy intelligent agents across every function of the business in a secure, scalable, and measurable way.

Furthermore, Pratt feels that as adoption accelerates, companies that successfully integrate AI into core operations “will define the next generation of market leaders.”

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