StandardAero (SARO) Prices Upsized 60M Share IPO at $24/sh
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StandardAero Announces Pricing of its Upsized Initial Public Offering
October 1, 2024 7:42 PM EDTSCOTTSDALE, Ariz.--(BUSINESS WIRE)-- StandardAero, Inc. (StandardAero) announced today the pricing of its initial public offering of 60,000,000 shares of its common stock, at a public offering price of $24.00 per share. The shares include 53,250,000 shares to be issued and sold by StandardAero and 6,750,000 shares to be sold by existing stockholders. The size of the offering was upsized from the previously announced 46,500,000 shares. Shares of StandardAero common stock are expected to begin trading on The New York Stock Exchange under the symbol "SARO" on October 2, 2024. The offering is expected to close on October 3, 2024, subject to the satisfaction of customary closing... More
