Rocket Companies IPO August 2020 - RKT Initial Public Offering

Rocket Companies, parent of Quicken Loans and Rocket Mortgage, completed its IPO on August 6, 2020, issuing 100 million shares at $18 per share for $1.8 billion in gross proceeds. The company operates the largest retail mortgage originator in the U.S. alongside subsidiaries including title company Amrock, home search platform Rocket Homes, and personal loans provider Rocket Loans.