Fervo Energy Company (NASDAQ:FRVO) shares fell in Thursday's premarket session.

IPO Size Expanded Ahead Of Nasdaq Debut

The Houston-based geothermal energy company said Tuesday it priced 70 million shares of Class A common stock in its IPO, raising the offering from the originally proposed 55.6 million shares. The deal also includes a 30-day option for underwriters to purchase up to an additional 10.5 million shares.

The shares began trading on the Nasdaq on May 13 under the ticker symbol "FRVO." The offering is expected to close May 14, subject to customary closing conditions.

The offering was led by J.P. Morgan, BofA ...