EquipmentShare poised to open above offer price in Nasdaq debut
ReutersJan 23, 2026 5:11 PM
Shares of construction tech firm EquipmentShare EQPT.O poised to open 20.4% above IPO price in Nasdaq debut
Stock indicated to open at $29.50 apiece vs $24.50 offer price, giving EQPT a potential valuation of $7.41 billion
EQPT sold 30.5 million shares at the midpoint of its marketed range of $23.50 and $25.50 apiece to raise $747.3 million
Founded in 2015, EQPT offers construction equipment rental, resales, servicing and jobsite technology through its platform called T3
Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, Citigroup and Guggenheim Securities were lead book-running managers for offering
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