Fervo Energy completes $2.2B IPO, pricing 80.5M shares at $27

Filed May 15, 2026 · Period ending May 12, 2026 · ~1 min read

Key Changes

• high

  Fervo Energy completed its initial public offering on May 14, 2026, selling 80.5 million Class A shares at $27 per share, raising approximately $2.174 billion in gross proceeds before underwriting fees and expenses.

  Item 8.01 verify on EDGAR →
• medium

  Underwriters exercised their full over-allotment option to purchase an additional 10.5 million shares from the company.

  Item 8.01 verify on EDGAR →
• medium

  The company filed amended certificate of incorporation and bylaws with Delaware on May 12, 2026, establishing its governance framework as a public company with Class A common stock at $0.0001 par value.

  Item 5.03 verify on EDGAR →