Coelacanth Energy Announces Bought Deal Financing of C$60 Million
Coelacanth Energy
Apr 16, 2026

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Fervo Energy has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission for a proposed initial public offering of its Class A common stock. The company plans to list on the Nasdaq under the ticker symbol FRVO.
The number of shares to be offered and the price range have not yet been determined. The proposed offering is subject to market and other conditions, and there is no assurance on timing or completion. J.P. Morgan, BofA Securities, RBC Capital Markets, and Barclays are joint lead bookrunning managers, with additional bookrunning managers including Baird, BBVA, Guggenheim Securities, MUFG, Société Générale, William Blair, Piper Sandler, and Wolfe | Nomura Alliance.
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