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25.04.2024
WHITE PLAINS, NY / ACCESSWIRE / April 24, 2024 / Loar Holdings Inc. ("Loar"), announced today the pricing of its initial public offering of 11,000,000 shares of its common stock at $28.00 per share. In addition, Loar has granted the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the New York Stock Exchange on April 25, 2024, under the ticker symbol "LOAR". The offering is expected to close on April 29, 2024, subject to customary closing conditions. Loar intends ... [ more ]