aerospace / news / / MarketScreener
Aerospace parts maker Arxis said on Wednesday it raised $1.13 billion in its U.S. initial public offering.
Arxis raised $1.13 billion in its U.S. IPO by pricing shares at $28 each.
KEY POINTS
- The offering was upsized to 40.5 million shares at the top end of the price range.
- Arxis has completed over 30 acquisitions since 2019, including Kaman for $1.8 billion in 2024.
- Arxis stock will begin trading on Nasdaq under the ticker symbol ARXS.
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