Reported Earlier, StandardAero Prices Upsized IPO at $24 Per Share, Offering 60M Shares Including 6.75M from Stockholders (From Prior Offering Size Of 46.5M), To Begin Trading From Today
Portfolio Pulse from Benzinga Newsdesk
StandardAero, Inc. has announced the pricing of its upsized IPO at $24 per share, offering 60 million shares, including 6.75 million from existing stockholders. The shares will trade on the NYSE under the symbol 'SARO' starting October 2, 2024.
October 02, 2024 | 6:51 am
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StandardAero's IPO is upsized to 60 million shares at $24 each, with trading on the NYSE starting October 2, 2024. This indicates strong demand and potential positive market reception.
The upsizing of the IPO suggests strong demand for StandardAero's shares, which is a positive indicator for its initial trading performance. The increased offering size and the set price of $24 per share reflect investor interest and confidence in the company's prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100