ERock, Inc., a recognized leader in reliable, large-scale onsite power solutions (“ERock” or the “Company”), today announced that it has launched the roadshow for its initial public offering of 27,906,977 shares of its Class A common stock. The initial public offering price is expected to be between $20.00 and $23.00 per share. The Company also intends to grant the underwriters a 30-day option to purchase up to an additional 4,186,046 shares of Class A common stock to cover over-allotments. ERock intends to list its Class A common stock on the New York Stock Exchange under the ticker symbol “EROC.”
Morgan Stanley and J.P. Morgan are acting as joint lead bookrunning managers for the proposed offering. Barclays and BofA Securities are also acting as joint bookrunning managers. Evercore ISI, Guggenheim Securities, Wolfe | Nomura Alliance and BNP Paribas are acting as bookrunners for the proposed offering.
The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus may be obtained from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; or J.P. Morgan Securities LLC, Attention: c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or email: prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com.
A registration statement on Form S-1 relating to the proposed sale of these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. The securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.
About ERock
ERock (formerly Enchanted Rock) is enabling energy for a new era. ERock delivers onsite utility-grade power that gets customers up and running quickly, while supporting long-term grid development. ERock’s proprietary natural gas generators help critical facilities address grid constraints, interconnection delays, and outage risks while accelerating speed-to-power for new and expanding operations. Trusted by data centers, utilities, manufacturers, healthcare systems and government organizations, ERock engineers for rapid deployment, long-duration reliability, low local emissions, and scalable performance to meet the evolving energy demands of today and tomorrow.
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