The Coppell, Texas-based company, which operates under the backing of Brookfield, will enter the public market with an initial capitalization of approximately $3.25 billion. Management opted to sell 50 million shares to reach the final pricing, a move that highlights a cautious appetite in the current market environment despite the significant capital influx.

Trading for the company is scheduled to commence this Thursday on the New York Stock Exchange. Market participants will be watching the ticker CSQR closely to gauge whether the pricing adjustment will provide enough of a discount to drive immediate interest among retail and institutional buyers once the opening bell rings.