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AIRO Group Holdings Launches Initial Public Offering, Eyes Nasdaq Listing
ALBUQUERQUE, N.M. — AIRO Group Holdings, Inc., a leading aerospace and defense technology company, has officially launched its initial public offering (IPO). The firm plans to sell 5 million shares of common stock, with each share priced between $14.00 and $16.00. Upon approval, the company’s stock will trade on the Nasdaq Global Market under the ticker symbol “AIRO.”
This IPO marks a major milestone for AIRO as it looks to expand its presence across aviation, drone technology, simulation, and electric air mobility.
AIRO’s Business and Market Focus
AIRO Group Holdings is a multi-sector technology company that provides advanced solutions for both government and commercial clients. The company’s operations are divided into four key segments:
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Drones and Uncrewed Aerial Systems (UAS)
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Advanced Avionics and Defense Systems
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Pilot Training and Simulation
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Electric Air Mobility and Urban Air Transport
AIRO aims to integrate these technologies to deliver innovative, future-ready solutions in the aerospace and defense industries. The company is especially active in the rapidly growing drone and air mobility sectors.
IPO Details and Shareholder Opportunity
As part of the offering, AIRO has also granted underwriters a 30-day option to purchase up to 750,000 additional shares at the IPO price to cover over-allotments. If fully subscribed, the IPO could raise over $80 million for the company.
The funds generated from the IPO will be used to:
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Support ongoing research and development
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Expand the company’s operations and workforce
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Repay outstanding debt
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Cover general corporate expenses
Underwriters Leading the Offering
A group of experienced financial institutions are managing the IPO. The lead book-running managers include:
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Cantor
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BTIG
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Mizuho
Bancroft Capital is also participating in the offering process.
The offering is being made under a registration statement on Form S-1, filed with the U.S. Securities and Exchange Commission (SEC). The IPO will only proceed after the SEC declares this registration effective.
AIRO’s Growth Vision
AIRO's expansion through the IPO aligns with its mission to become a dominant player in the next generation of aerospace technologies. With the global rise in demand for:
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Drone services
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AI-driven defense systems
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Sustainable electric aviation
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Pilot training innovation
AIRO is positioning itself as a comprehensive solution provider for modern air and space needs.
