Modular Power Systems Maker ERock Raises $600 Million in US IPO at $21.50 a Share
businessstocks 2 posts · 2 accounts
ERock Inc. raised $600 million in a US initial public offering after selling 27.9 million shares at $21.50 each, the midpoint of its marketed range.
The Houston-based modular power systems maker serves data centers and other sectors. Pricing at the midpoint places the deal within the range presented to investors.
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@shanumathew93Completely missed Enchanted Rock IPO... "ERock Inc. raised $600 million in a US initial public offering, pricing its shares at the midpoint of its marketed range... The Houston-based modular power systems maker, which serves data centers an
@businessERock has raised $600 million in a US initial public offering, pricing its shares at the midpoint of its marketed range