AEVEX Corp. Sets Initial Public Offering Price
AEVEX Corp., a leader in unmanned systems, has officially set the initial public offering (IPO) price for its Class A common stock. The price is set at $20 per share for an offering of 16 million shares.
Details of the Initial Public Offering
Additionally, AEVEX has provided underwriters with a 30-day option to purchase up to 2.4 million extra shares at the same initial price, minus any underwriting fees. The company plans to begin trading on the New York Stock Exchange (NYSE) on April 17, 2026, under the ticker symbol “AVEX.”
IPO Timeline
- Offering Price: $20.00 per share
- Total Shares Offered: 16,000,000 shares
- Additional Share Option: 2,400,000 shares
- Trading Start Date: April 17, 2026
- Closing Date: April 20, 2026
Underwriting and Managers
The underwriting process for this offering involves several key financial institutions. Goldman Sachs & Co. LLC, BofA Securities, and Jefferies act as joint lead bookrunning managers. Other participating firms include:
- J.P. Morgan
- RBC Capital Markets
- Baird
- William Blair
- Raymond James
- Needham & Company
- Academy Securities
- Capital One Securities
- PNC Capital Markets LLC
About AEVEX Corp.
Headquartered in Solana Beach, California, AEVEX Corp. specializes in integrated aviation and technology solutions designed to enhance security for the U.S. and allied nations. The company focuses on:
- Unmanned Aircraft Systems (UAS)
- Combat-proven loitering munitions
- Multi-mission Unmanned Surface Vehicles (USV)
- Custom aerospace engineering and aircraft modifications
AEVEX’s services extend across various states, including California, Florida, Ohio, Virginia, and Alabama.
Forward-Looking Statements
Statements in this announcement include forward-looking information that relies on the company’s expectations regarding future events. AEVEX urges caution regarding potential uncertainties that might affect actual outcomes compared to expectations.
Investors are advised to consult the registration statement filed with the Securities and Exchange Commission for a comprehensive understanding of the associated risks before participating in the offering.
