StandardAero Prices IPO at $24 Per Share as NYSE SARO Set to Debut
Wednesday, 2 October 2024, 07:21
StandardAero Sets IPO Price
StandardAero has officially announced that it has priced its initial public offering at $24 per share. This upsized IPO reflects a strong confidence in the company’s future growth potential. The shares will begin trading on the NYSE under the ticker SARO on October 2, 2024.
Significance of the Offering
This IPO represents a pivotal moment for StandardAero as it seeks to expand its operations and reach within the aerospace sector. It is expected that the influx of capital from this offering will be utilized for development and expansion purposes.
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