SOLV Energy, Inc.

S-1 filed

DRS filed

CERT inactive

424B4 priced

Price $25.00 · 20,500,000 shares · Gross proceeds $512,500,000

SOLV Energy, Inc. filed a 424B4 prospectus supplement disclosing restated financial statements due to misclassifications and improper revenue calculations. The company acquired Spartan Infrastructure, Inc. for $66.7 million and Sacramento Drilling, Inc. for $16.9 million. Financial highlights show revenue of $1.7 billion for nine months ended September 30, 2025, with EBITDA of $211.9 million. Backlog metrics emphasize future revenue visibility, though not a guaranteed indicator.

8-A12B effective

SOLV Energy, Inc. filed Form 8-A12B to register its Class A Common Stock for trading on Nasdaq, referencing its previously effective S-1 registration statement (File No. 333-292778) initially filed on January 16, 2026. The filing incorporates by reference the securities description from the S-1, confirming the company's intent to list shares on Nasdaq.

EFFECT effective

SOLV Energy, Inc. has filed a Notice of Effectiveness for its initial public offering (IPO) of 20,500,000 Class A common shares, with an estimated price range of $22.00 to $25.00 per share. The offering includes a 30-day underwriter option to purchase additional shares. The company plans to list on Nasdaq under the symbol 'MWH' and will maintain a UP-C organizational structure, with post-offering voting control retained by existing equity owners. A Tax Receivable Agreement (TRA) is outlined, linking future tax benefits to cash payments for stakeholders.

S-1/A amended

Range $22.00 to $25.00 · 20,500,000 shares

SOLV Energy, Inc. is conducting an initial public offering (IPO) of 20,500,000 Class A common shares, with an estimated price range of $22.00 to $25.00 per share. The company plans to list on Nasdaq under the symbol 'MWH.' The IPO follows a restructuring into a UP-C (umbrella partnership-C-corporation) entity, granting it potential tax benefits. The offering includes a Tax Receivable Agreement with Continuing Equity Owners and Blocker Shareholders, obligating future cash payments for tax advantages. Post-offering, the company will be a 'controlled company' under Nasdaq rules, with significant voting control retained by existing equity holders.

S-1/A amended

SOLV Energy, Inc. filed an S-1/A amendment to its initial registration statement for an upcoming IPO, disclosing details about its Class A common stock offering. The filing outlines the company's UP-C (umbrella partnership-C-corporation) structure, which aims to provide tax benefits to shareholders. The company plans to list on Nasdaq under the symbol 'MWH' and will have two classes of common stock, with Class B shares held by Continuing Equity Owners, maintaining their voting control. The filing includes underwriting agreements, tax receivable arrangements, and legal consents, with key executives and directors disclosed.

S-1 filed

SOLV Energy, Inc. is conducting an initial public offering (IPO) of its Class A common stock, with an estimated price range and planned listing on Nasdaq under the symbol 'MWH.' The company will maintain a dual-class structure post-offering, with Class A and Class B shares. The IPO involves a UP-C (umbrella partnership-C-corporation) structure, enabling potential tax benefits for the company and continuing equity owners. A Tax Receivable Agreement (TRA) is in place, obligating the company to make cash payments to equity holders based on future tax savings. The offering will be underwritten by major firms including Jefferies and J.P. Morgan.

DRS/A amended

SOLV Energy, Inc. is conducting an initial public offering (IPO) of its Class A common stock, with an estimated price range and planned listing on Nasdaq under the symbol 'MWH.' The company will maintain a two-class stock structure, with Class B shares held by Continuing Equity Owners, ensuring their control over major decisions. The post-offering structure includes a UP-C (umbrella partnership-C-corporation) to enable tax benefits, alongside a Tax Receivable Agreement with Continuing Equity Owners. The offering includes underwriter over-allotment options and involves legal and financial disclosures typical of an IPO.

DRS/A amended

SOLV Energy, Inc. is preparing for its initial public offering (IPO) of Class A common stock, with Amendment No. 2 to its confidential submission. The filing outlines the company's UP-C (umbrella partnership-C-corporation) structure, which aims to provide tax benefits to both the company and Continuing Equity Owners. The offering will result in two classes of common stock, with Class B shares held by Continuing Equity Owners, granting them significant voting control. A Tax Receivable Agreement (TRA) is referenced, obligating the company to make cash payments to equity holders based on future tax benefits. The company will be a 'controlled company' post-offering, with the Continuing Equity Owners maintaining influence over major decisions.

DRS/A amended

The current filing represents an amendment to SOLV Energy, Inc.'s confidential registration statement for its initial public offering (IPO) of Class A common stock. The filing outlines the proposed offering of shares, the UP-C organizational structure, and the Tax Receivable Agreement with Continuing Equity Owners. It emphasizes the company's post-offering control dynamics, with Continuing Equity Owners retaining significant voting power. The document remains confidential and not yet effective.

DRS filed

SOLV Energy, Inc. is conducting an initial public offering (IPO) of Class A common stock, transitioning from a private entity to a public company. The offering involves a UP-C (umbrella partnership-C-corporation) structure, which may provide tax benefits. The company will be a holding company, owning LLC Interests in SOLV Energy Holdings LLC, with Continuing Equity Owners retaining significant voting control. A Tax Receivable Agreement (TRA) is in place, obligating the company to make future cash payments to Continuing Equity Owners. The IPO is underwritten by Jefferies and J.P. Morgan, with an option for over-allotments.