Accelevation prices its IPO at $18 — and keeps proceeds at the corporate level, not the campus level

Accelevation priced its Nasdaq IPO below the range it floated two weeks earlier. The company launched its roadshow on September 22, 2026 for 30,000,000 Class A shares at an expected $20.00 to $24.00 each. The priced outcome came in at $18.00 per share. For anyone reading the filing as data center development intelligence, the use-of-proceeds language stays at the corporate level — debt repayment, Tax Receivable Agreement payments, and general corporate purposes — with no proceeds assigned to named campuses, megawatt blocks, or utility and EPC commitments.

• Accelevation prices IPO at $18.00, below its $20-$24 range – 30,000,000 Class A shares, implying roughly $540 million of gross offering value.
• Use of proceeds stays corporate, not project-level – the S-1/A directs proceeds to repay indebtedness, make Tax Receivable Agreement payments, and fund general corporate purposes.
• Offering splits company and selling-stockholder shares – 8,635,165 shares from Accelevation and 21,364,835 from selling stockholders, with the company receiving nothing from the secondary portion.
• Ohio manufacturing footprint anchors the operating business – a 264,000-square-foot facility at 10511 Washington Church Road in Miamisburg sits on a 66-acre campus, with a 300,000-square-foot building set to break ground.
• Company describes itself as a mission-critical infrastructure supplier – designer, manufacturer, and installer of structural, electrical, and mechanical systems, trading under ticker ACCV.