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IPO filing research

Fervo Energy Co

Electric Services · FRVO

ipo trading trading Nasdaq 424B4

Fervo Energy Co IPO research page with SEC filing history, offering status, deal terms, structured filing extracts, company news, and comparable IPO context. Latest filing: 424B4 on 2026-05-14. Current deal snapshot: exchange Nasdaq.

Filing Timeline

SEC EDGAR
424B4 priced
Final prospectus
Final prospectus filed after pricing with final deal terms.
First tracked pre-IPO filing for this issuer.
Price $27.00 · 70,000,000 shares · Gross proceeds $1,890,000,000
A · Exchange NASDAQ · Ticker FRVO · Over-allotment 10,500,000 · Use of proceeds Proceeds will be used for general corporate purposes. · Flags dual_class · Underwriters J.P. Morgan, BofA Securities, RBC Capital Markets
Fervo Energy Co's 424B4 filing highlights risks related to project timelines, supply chain disruptions, and reliance on long-term power purchase agreements (PPAs). The company emphasizes challenges in meeting deadlines for the Cape Station project, potential liquidated damages for delays, and operational risks from equipment failures, environmental hazards, and regulatory hurdles. The non-binding Google Framework Agreement (GFA) is noted as a strategic partnership with no guaranteed revenue. Financial risks include dependency on key customers, supply chain constraints, and the impact of rising material costs on profitability.
2026-05-14 · 0001628280-26-034849
EFFECT effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
First tracked pre-IPO filing for this issuer.
2026-05-12 · 9999999995-26-001586
CERT inactive
CERT
Pre-IPO filing captured from the SEC submission timeline.
First tracked pre-IPO filing for this issuer.
The current filing represents Fervo Energy Co's registration statement for its Class A common stock under the Securities Act, building on its prior Form 8-A12B submission. The company is advancing its IPO process, with the current filing likely incorporating updates to its registration details compared to the previous 8-A12B form.
2026-05-12 · 0001354457-26-000442
8-A12B effective
Exchange Act registration
Registration filed to list the securities under the Exchange Act ahead of trading.
First tracked pre-IPO filing for this issuer.
Fervo Energy Company is registering its Class A common stock for listing on The Nasdaq Stock Market LLC under the symbol 'FRVO'. The registration statement incorporates by reference the prospectus from its previous S-1/A filing, which detailed the company's initial public offering (IPO) of 70 million shares at an estimated price range of $25.00-$26.00 per share. The current filing focuses on the securities registration process under Section 12(b) of the Securities Exchange Act of 1934.
2026-05-11 · 0001628280-26-033638
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
First tracked pre-IPO filing for this issuer.
Range $25.00 to $26.00 · 70,000,000 shares
Class A · Exchange NASDAQ · Ticker FRVO · Over-allotment 10,500,000 · Use of proceeds General corporate purposes · Flags dual_class · Underwriters J.P. Morgan, BofA Securities, RBC Capital Markets
Fervo Energy Company is conducting its initial public offering (IPO) of 70,000,000 shares of Class A common stock, with an expected price range of $25.00 to $26.00 per share. The offering includes a reserved share program for insiders and an underwriter option to purchase additional shares. Post-IPO, Class B shareholders (Tim Latimer and Jack Norbeck) will retain significant voting control. The company, an emerging growth company, plans to list on NASDAQ under 'FRVO.'
2026-05-11 · 0001628280-26-033127
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
First tracked pre-IPO filing for this issuer.
Price $21.00 · Range $21.00 to $24.00 · 55,555,555 shares · Gross proceeds $1,333,333,320
Class A · Exchange NASDAQ · Ticker FRVO · Over-allotment 8,333,333 · Flags dual_class · Underwriters J.P. Morgan, BofA Securities, RBC Capital Markets
Fervo Energy Company is conducting an initial public offering (IPO) of 55,555,555 shares of Class A common stock, with an expected price range of $21.00 to $24.00 per share. The company plans to list on NASDAQ under the symbol 'FRVO.' Following the offering, Fervo will maintain a dual-class share structure, with Class B shares (held by CEO Tim Latimer and CTO Jack Norbeck, PhD.) carrying 40 votes per share. The IPO includes a reserved share program for insiders and an underwriters' option to purchase additional shares. Fervo is an emerging growth company and smaller reporting company, with significant voting control concentrated in its leadership.
2026-05-08 · 0001628280-26-032540
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
First tracked pre-IPO filing for this issuer.
Range $21.00 to $24.00 · 55,555,555 shares
Class A · Exchange NASDAQ · Ticker FRVO · Over-allotment 8,333,333 · Use of proceeds to fund operations and growth initiatives · Flags dual_class · Underwriters J.P. Morgan, BofA Securities, RBC Capital Markets
Fervo Energy Company is conducting its initial public offering (IPO) of 55,555,555 shares of Class A common stock, with an expected price range of $21.00 to $24.00 per share. The company plans to list on NASDAQ under the symbol 'FRVO.' Post-IPO, Fervo will have two classes of common stock, with Class B shares (held by CEO Tim Latimer and CTO Jack Norbeck) carrying 40 votes per share and convertible to Class A. The offering includes a reserved share program for insiders and potential additional shares underwriters can purchase. The company is an emerging growth company with reduced reporting requirements.
2026-05-04 · 0001628280-26-029515
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
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