# OpenAIPlansIPO

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OpenAI has engaged with Citibank and JPMorgan Chase regarding IPO matters
Deep Tide TechFlow News: On May 30, it was reported by informed sources that OpenAI has discussed arrangements for its future IPO with Citigroup and JPMorgan Chase.
The report said that Citigroup and JPMorgan Chase may join Goldman Sachs and Morgan Stanley in the future and work together on preparations for OpenAI’s listing. However, these talks do not mean that the above-mentioned institutions will definitely appear on the underwriting syndicate roster, and other investment banks may still join later.
Previously, it was reported that OpenAI plans to secretly submit its IPO application documents to regulators in the near term. Goldman Sachs and Morgan Stanley have already started helping draft the prospectus. Some insiders said the company may begin the listing process as early as September this year, but the specific timing still
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