FRVO News
Archived Headlines
- Geothermal energy developer Fervo Energy ups shares, raises range to $25 to $26 ahead of $1.8 billion IPO 05/11/26
- US IPO Week Ahead: AI chipmaker Cerebras leads a roster of 5 major IPOs 05/08/26
- Geothermal energy developer Fervo Energy sets terms for $1.2 billion IPO 05/04/26
- Geothermal energy developer Fervo Energy files for an estimated $250 million IPO 04/17/26
From nuclear to quantum, SPAC themes are crossing over to the IPO market
Quantum computing company Quantinuum (QNT) is gearing up to raise $1.4 billion this week, marking the latest traditional IPO attempt from a typical SPAC target. After increasing the proposed price range on Monday, the company is targeting a market cap of...read more
Renaissance Capital's May IPO Market Update
Thirteen IPOs raised a combined $11.5 billion in May, joined by one direct listing, marking the biggest month for proceeds since November 2021. A handful of very large names generated an outsized portion of total capital raised, led by AI chipmaker...read more
US IPO Weekly Recap: Cerebras raises $5.6 billion in the largest AI IPO ever and jumps 68%
The IPO market saw the largest AI deal of all time this past week, joined by major listings in energy, infrastructure, and emergency services. AI chipmaker Cerebras Systems (CBRS) upsized and priced above the upwardly revised range to raise $5.6 billion at a ...read more
Geothermal energy developer Fervo Energy prices upsized IPO at $27, above the upwardly revised range
Fervo Energy, which is developing next-generation geothermal energy projects, raised $1.9 billion by offering 70 million shares at $27, above the revised $25 to $26 range. The company originally filed to offer 55.6 million shares at $21 to $24, before it...read more