AEVEX Corp. Announces Pricing of Initial Public Offering
Business Wire • • business
Key Points:
- AEVEX Corp., a leader in unmanned systems and a portfolio company of Madison Dearborn Partners, has priced its initial public offering (IPO) of 16 million Class A common stock shares at $20.00 each, with an option for underwriters to purchase an additional 2.4 million shares.
- The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol "AVEX" on April 17, 2026, with the offering anticipated to close on April 20, 2026, subject to customary conditions.
- Major financial institutions including Goldman Sachs, BofA Securities, and Jefferies are leading the underwriting efforts, supported by several other bookrunning managers and co-managers.
- AEVEX specializes in aviation and technology solutions supporting U.S. and allied security, offering products such as unmanned aircraft systems, loitering munitions, and unmanned surface vehicles, with operations headquartered in Solana Beach, California.
- The company issued forward-looking statements regarding the IPO and future operations, cautioning investors about risks and uncertainties that could cause actual results to differ materially from expectations.
