INNIO Group (INIO) IPO opens 15% higher
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Today's IPO for INNIO Group (NASDAQ: INIO) opened for trading at $31 after pricing at $27
- the company offered 90 million common shares
- Goldman Sachs & Co. LLC, J.P. Morgan and Morgan Stanley serve as joint lead book-running managers.
- INNIO designs, manufactures and services power systems under its Jenbacher and Waukesha brands for applications including data centers, microgrids, grid stabilization, industrial energy, and gas compression
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