07:28 AM EST, 01/13/2026 (MT Newswires) -- EquipmentShare (EQPT) said Tuesday it has launched an initial public offering of 30.5 million shares of its Class A common stock.

The initial public offering price is expected to be between $23.50 and $25.50 per share, the company said.

Underwriters will be granted a 30-day option by selling shareholders to purchase as many as roughly 4.6 million additional shares to cover over-allotments, EquipmentShare said.

The equipment rental provider has applied to trade its shares on the Nasdaq Global Select Market under the "EQPT" ticker, it said.