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Accelevation Prices IPO at $18 Per Share Ahead of Nasdaq Debut

ENTHMSVIIDZHZH-TWJAKOHI
Sep 30, 20261 min read
Accelevation Prices IPO at $18 Per Share Ahead of Nasdaq Debut

Summary

Accelevation Holdings Corp. has priced its initial public offering of 30 million shares at $18.00 each, with the majority of shares being sold by existing stockholders. The company is set to begin trading on the Nasdaq under the ticker ACCV.

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Background

Accelevation Holdings Corp., a provider of systems for mission-critical infrastructure, announced it has priced its initial public offering of 30 million shares of Class A common stock at $18.00 per share. The offering sets the stage for the company's public market debut on the Nasdaq Global Select Market.

Offering Details

The offering consists of two tranches, according to a company press release:

  • 10,000,000 shares are being offered by Accelevation itself.
  • 20,000,000 shares are being offered by selling stockholders affiliated with private equity firm Olympus Partners.

The selling stockholders have also granted the underwriters a 30-day option to purchase up to an additional 4,500,000 shares at the IPO price, less commissions. Shares are expected to begin trading on September 30, 2026, under the ticker symbol ACCV. The offering is anticipated to close on October 1, 2026, subject to customary closing conditions.

Use of Proceeds

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Accelevation stated it intends to use the net proceeds from the shares it sells to purchase new units in Accelevation Holdings LLC. The LLC plans to use those funds primarily to repay existing indebtedness, cover expenses related to the offering, and for general corporate purposes.

The company will not receive any proceeds from the sale of shares by the selling stockholders, which constitute the majority of the offering. This structure allows the existing private equity owners to realize a portion of their investment.

Underwriters and Company Background

Based in Miamisburg, Ohio, Accelevation designs, manufactures, and installs structural, electrical, and mechanical systems. The IPO is being led by a large syndicate of banks, with Morgan Stanley and J.P. Morgan acting as joint lead bookrunning managers. Goldman Sachs & Co. LLC, Barclays, and BofA Securities are also serving as joint bookrunning managers.

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