EquipmentShare Announces Launch of Initial Public Offering

Company Overview - EquipmentShare.com Inc is a leader in connected jobsite technology and one of the largest equipment rental providers in the United States, founded in 2015 and headquartered in Columbia, Missouri [4] - The company aims to transform the construction industry through innovative tools, platforms, and data-driven insights, empowering contractors, builders, and equipment owners with its proprietary technology, T3 [4] Initial Public Offering (IPO) Details - EquipmentShare announced the launch of an initial public offering of 30,500,000 shares of its Class A common stock, with an expected price range between $23.50 and $25.50 per share [1] - The offering includes a 30-day option for underwriters to purchase up to an additional 4,575,000 shares to cover overallotments [1] - The IPO is subject to market conditions, and there is no assurance regarding the completion or terms of the offering [1] - EquipmentShare has applied to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol "EQPT" [1] - Goldman Sachs & Co. LLC, Wells Fargo Securities, UBS Investment Bank, Citigroup, and Guggenheim Securities are acting as lead book-running managers for the offering [1]

EquipmentShare.com Inc-EquipmentShare Announces Launch of Initial Public Offering - Reportify