EagleRock Land Prices IPO at $18.50 Per Share

MT Newswires Live

05/14

EagleRock Land said Wednesday it has priced its initial public offering of 17.3 million class A shares at $18.50 per share.

The land management company expects to generate roughly $286.6 million in net proceeds from the transaction, the company said.

Meanwhile, underwriters have been granted a 30-day option to buy up to about 2.6 million additional shares, which would bring net proceeds to about $331.3 million.

The company's shares are expected to begin trading on the New York Stock Exchange and NYSE Texas this Thursday. The IPO is set to close Friday.

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The IPO is set to close Friday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EROK","symbol_name":"EagleRock Land, LLC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2635479422","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2635479422","pubTimestamp":1778747060,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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