ERock prices IPO at $21.50 per share, expects NYSE trading June 10

ERock Inc. priced its initial public offering at $21.50 per share for 27,906,977 shares of Class A common stock, according to a company statement. The Houston-based power solutions provider also granted underwriters a 30-day option to purchase up to 4,186,046 additional shares to cover over-allotments.

The shares are expected to begin trading on the New York Stock Exchange on June 10, 2026, under ticker symbol NYSE: EROC. The offering is expected to close on June 11, 2026, subject to customary closing conditions.

Morgan Stanley and J.P. Morgan are serving as joint lead bookrunning managers for the offering. Barclays and BofA Securities are also acting as joint bookrunning managers, while Evercore ISI, Guggenheim Securities, Wolfe | Nomura Alliance and BNP Paribas are serving as bookrunners.

The U.S. Securities and Exchange Commission declared the company's registration statement on Form S-1 effective on June 9, 2026. ERock provides onsite utility-grade power solutions using natural gas generators for data centers, utilities, manufacturers, healthcare systems and government organizations.

The offering is being conducted through a prospectus, with copies available from the lead underwriters once finalized.

You May Also Be Interested In

• Polyrizon launches $4M registered direct offering and private placement
• Mexico imposes countervailing duties on steel imports from China and Vietnam
• ERock Inc (EROC) PT Lowered to $20 at Guggenheim