Standardaero, Inc To Start Trading Tomorrow
Portfolio Pulse from Benzinga Insights
StandardAero, Inc is set to begin trading on the NYSE under the ticker SARO on October 2. The IPO price is expected to be between $20.00 and $23.00 per share, with an insider lock-up period of 180 days.
October 01, 2024 | 3:00 pm
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StandardAero, Inc is launching its IPO on the NYSE with shares priced between $20 and $23. The insider lock-up period is 180 days, ending on March 31, 2025.
The IPO of StandardAero, Inc is a significant event as it marks the company's entry into the public market. The pricing range suggests investor interest and potential demand. The insider lock-up period indicates that insiders cannot sell their shares immediately, which could stabilize the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100