Rocket Companies (RKT) Prices Smaller IPO at $18, Below Expected Range

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Rocket Companies Announces Pricing of Initial Public Offering

August 5, 2020 9:41 PM EDT

DETROIT, Aug. 5, 2020 /PRNewswire/ -- Detroit-based Rocket Companies, Inc. ("Rocket Companies" or the "Company") today announced the pricing of its initial public offering of 100,000,000 shares of its Class A common stock at a price of $18.00 per share. Founded by Dan Gilbert, tech-driven Rocket Companies provides industry-leading real estate, mortgage and financial services, empowering consumers through entities including Rocket Homes, Rocket Auto and Rocket Mortgage, the nation's largest mortgage lender.

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