HOUSTON, May 12, 2026 (GLOBE NEWSWIRE) — Fervo Energy (“Fervo” or the “Company”) today announced the pricing of its upsized initial public offering (“IPO”) of 70,000,000 shares of its Class A common stock, at a public offering price of $27.00 per share. The 70,000,000 share offering represents a 14,444,445 share upsize to the originally proposed 55,555,555 share offering. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 10,500,000 shares of Class A common stock.
Source: Fervo Energy Announces Pricing of its Upsized Initial Public Offering