EquipmentShare priced its IPO at $24.50 per share, offering 30.5 million shares on Nasdaq under ticker "EQPT."
Quiver AI Summary
EquipmentShare.com Inc, a major player in connected jobsite technology and equipment rental in the U.S., announced the pricing of its initial public offering (IPO) at $24.50 per share, offering 30,500,000 shares of its Class A common stock. An additional 4,575,000 shares may be purchased by underwriters to cover over-allotments. Trading is set to begin on the Nasdaq Global Select Market under the ticker symbol "EQPT" on January 23, 2026, with the offering expected to close on January 26, 2026, pending customary conditions. Goldman Sachs & Co. LLC leads the underwriting team. The release emphasizes that it does not constitute an offer to sell or solicit securities in jurisdictions where it would be unlawful, and provides detailed contact information for obtaining the prospectus. Founded in 2015 and based in Columbia, Missouri, EquipmentShare aims to enhance the construction industry with its innovative technology and solutions.
Potential Positives
- EquipmentShare successfully priced its initial public offering at $24.50 per share, indicating strong investor interest and confidence in the company's market positioning.
- The offering size of 30,500,000 shares demonstrates substantial capital raising potential, with an additional option for underwriters to purchase up to 4,575,000 shares, further indicating high demand.
- Beginning trading on the Nasdaq Global Select Market under the ticker symbol “EQPT” provides increased visibility and credibility for EquipmentShare in the public markets.
- The presence of reputable investment banks as lead book-running managers, including Goldman Sachs and Wells Fargo, enhances the company’s prestige and may attract further investment interest.
Potential Negatives
- The pricing of shares at $24.50 may indicate potential concerns about perceived value if the stock does not perform well post-IPO.
- The mention of offering shares to cover over-allotments may suggest a lower confidence level among investors regarding demand for the initial offering.
- Being a newly public company, EquipmentShare may face increased scrutiny and pressure to meet financial performance expectations, which can negatively impact its stock price and market perception.
FAQ
What is the price of EquipmentShare's initial public offering?
The initial public offering is priced at $24.50 per share for 30,500,000 shares.
When will EquipmentShare's shares begin trading?
EquipmentShare's shares are expected to start trading on the Nasdaq Global Select Market on January 23, 2026.
What ticker symbol will EquipmentShare use?
The ticker symbol for EquipmentShare's shares will be “EQPT.”
Who are the lead managers for EquipmentShare's IPO?
Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, Citigroup, and Guggenheim Securities are the lead managers.
How can investors obtain the prospectus for the IPO?
Investors can obtain the prospectus for free from any of the lead underwriters listed in the press release.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
COLUMBIA, Mo., Jan. 22, 2026 (GLOBE NEWSWIRE) -- EquipmentShare.com Inc (“EquipmentShare”), a leader in connected jobsite technology and one of the largest equipment rental providers in the United States, today announced that it priced its initial public offering of 30,500,000 shares of its Class A common stock (the “Offering”), par value $0.00000125 per share, at a price to the public of $24.50 per share. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 4,575,000 shares of Class A common stock to cover over-allotments.
The shares of Class A common stock are expected to begin trading on the Nasdaq Global Select Market on January 23, 2026, under the ticker symbol “EQPT.” The Offering is expected to close on January 26, 2026, subject to the satisfaction of customary closing conditions.
Goldman Sachs & Co. LLC, Wells Fargo Securities, UBS Investment Bank, Citigroup and Guggenheim Securities are acting as lead book-running managers for the Offering.
The Offering is being made only by means of a prospectus, which may be obtained for free from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing [email protected]; Wells Fargo Securities, 90 South 7th Street, 5th Floor, Minneapolis, Minnesota 55402, at 800-645-3751 (option #5) or email a request to [email protected]; UBS Securities LLC, Attention: Prospectus Department, 11 Madison Avenue, New York, New York 10010, by telephone at (888) 827-7275 or by email at [email protected]; Citigroup Global Markets Inc., Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at (800) 831-9146; or Guggenheim Securities, LLC, Attention: Equity Syndicate, 330 Madison Avenue, New York, New York 10017 or by emailing [email protected].
A registration statement relating to these securities became effective on January 22, 2026. This press release does 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.
About EquipmentShare
Founded in 2015 and headquartered in Columbia, Missouri, EquipmentShare is a nationwide construction technology and equipment solutions provider dedicated to transforming the construction industry through innovative tools, platforms and data-driven insights. By empowering contractors, builders and equipment owners with its proprietary technology, T3 ® , EquipmentShare aims to drive productivity, efficiency and collaboration across the construction sector. With a comprehensive suite of solutions that includes a fleet management platform, telematics devices and a best-in-class equipment rental marketplace, EquipmentShare continues to lead the industry in building the future of construction.
Press Inquiries:
Amy N. Susán
[email protected]
Investor Inquiries:
Rhett Butler
[email protected]
