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May 11, 2026
Fervo Energy today announced it has upsized its proposed initial public offering of its Class A common stock. The Company plans to issue 70,000,000 shares of its Class A common stock at an expected IPO price of between $25.00 and $26.00 per share. The 70,000,000 share offering represent a 14,444,445 share upsize to the originally proposed 55,555,555 share offering. The expected IPO price of between $25.00 and $26.00 per share is an increase from the originally expected IPO price of between $21.00 and $24.00 per share.
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