S-1
filed
Initial registration statement
Initial public filing submitted to start the SEC review process.
Follows DRS/A in the pre-IPO sequence.
Class A · Exchange NASDAQ · Ticker FRVO · Flags dual_class · Underwriters J.P. Morgan, BofA Securities, RBC Capital Markets
Fervo Energy Company is conducting its initial public offering (IPO) of Class A common stock, aiming to list on NASDAQ under the symbol 'FRVO.' The offering involves up to [X] shares, with an expected price range of $[Y] to $[Z]. The company will maintain two classes of common stock, Class A (1 vote per share) and Class B (40 votes per share, convertible to Class A). Post-offering, founders Tim Latimer and Jack Norbeck will retain significant voting control (~[A]% of voting power), positioning Fervo as a 'controlled company' under NASDAQ rules. The IPO follows a previous DRS/A filing, with updated details on stock structure, underwriter roles, and reserved share programs.
2026-04-17 · 0001628280-26-025821
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
Fervo Energy Company is conducting an initial public offering (IPO) of its Class A common stock, with the goal of listing on NASDAQ under the symbol 'FRVO.' The offering includes shares, with an expected price range of $ to $ . The company will maintain a dual-class capital structure, with Class B shares held by co-founders Tim Latimer (CEO) and Jack Norbeck (CTO), who retain significant voting control. The filing highlights the company's geothermal energy projects, including enhanced geothermal systems (EGS) and partnerships like the Geothermal Framework Agreement (GFA) with Google Energy LLC. The IPO is structured with underwriters including J.P. Morgan, BofA Securities, RBC Capital Markets, and Barclays.
2026-03-31 · 0001628279-26-000385
DRS/A
amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS filing.
Fervo Energy Company is conducting its initial public offering (IPO) of Class A common stock, with shares expected to be listed on NASDAQ under the symbol 'FRVO.' The offering includes 100% of the shares held by co-founders Tim Latimer and Jack Norbeck, PhD., who retain significant voting control through Class B shares. The company, an emerging growth company, emphasizes its enhanced geothermal systems (EGS) technology and operational flexibility via FervoFlex. Financial statements for certain periods are omitted under the FAST Act, with plans to amend the registration statement to include required financials.
2026-02-13 · 0001628279-26-000192
DRS
filed
Draft registration statement
Draft registration filed confidentially before the public launch.
First tracked pre-IPO filing for this issuer.
Fervo Energy Company is conducting its initial public offering (IPO) of Class A common stock, with no prior public market for its shares. The offering includes 100% of the proceeds from the Class A stock, which will be listed on [exchange] under the symbol 'FRVO.' The company has two classes of common stock, with Class B shares held by co-founders Tim Latimer and Jack Norbeck, who also serve as CEO and CTO, respectively. The filing is confidential and not yet publicly effective, with underwriters J.P. Morgan and BofA Securities leading the offering.
2025-12-10 · 0001628279-25-000825