US IPOs and Secondary Offerings, IPO Boutique

IPO Boutique

For more than 20 years, we have been providing research, analysis, commentary and ratings on US Equity Capital Markets to institutional investors (US IPOs and Secondary Offerings). Our vast network of contacts across the Equity Capital Markets and attention-to-detail sets us apart from our competitors.

Since 2012, we have achieved a successful hit rating on 89% of Buy-rated IPOs. The collective “Buy” ratings averaged a first trade of 16.3% above issue.Our Neutral Rated Deals averaged just 2% above the issue price at first trade.

Our written research includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

In addition, we provide a high-touch premium desk access which includes analyst access, as well as real time insights on US IPOs as well as secondary offerings.

US IPOs and Secondary Offerings

Fervo Energy Company (FRVO): Geothermal Energy Meets the IPO Market, Seeking $6.5b Valuation

Fervo Energy Company (FRVO): IPO Upsized Ahead of Pricing Amid Demand for AI Infrastructure Plays

Fervo Energy Company (FRVO): IPO Powers Higher as AI Electricity Theme Gains Momentum

IPOs and Secondary Offerings

Equity Capital Markets

Fervo Energy Company / Equity Capital Markets

<ul>
<li>Fervo Energy is a geothermal developer advancing enhanced geothermal systems with over 658 MW of binding PPAs and approximately $7.2B in contracted revenue backlog.</li>
<li>The company filed for an IPO on April 17, targeting a potential May listing, backed by major underwriters including JPMorgan, Goldman Sachs, Morgan Stanley, and others.</li>
<li>It is commercializing scalable, firm, carbon-free power through large GeoClusters like Cape Station while addressing rising U.S. electricity demand and baseload capacity shortages.</li>
</ul>


Fervo Energy is a geothermal developer advancing enhanced geothermal systems with over 658 MW of binding PPAs and approximately $7.2B in contracted revenue backlog.
The company filed for an IPO on April 17, targeting a potential May listing, backed by major underwriters including JPMorgan, Goldman Sachs, Morgan Stanley, and others.
It is commercializing scalable, firm, carbon-free power through large GeoClusters like Cape Station while addressing rising U.S. electricity demand and baseload capacity shortages.


Fervo Energy Company (FRVO)：地熱エネルギー企業のIPO目論見書を覗いてみる