StandardAero prices upsizes IPO, begins trading on NYSE

StandardAero priced its initial public offering of 60 million shares at a price of $24 per share on October 1, 2024. The company had initially targeted around $20-23 per share on an offering of 46.5 million shares. The shares include around 53.25 million shares are to be issued and sold by StandardAero and 6.75 million shares to be sold by existing stockholders. The company began trading on the New York Stock Exchange (NYSE) under the ‘SARO’ symbol on October 2, 2024, with the offering expected to close on October 3, 2024. Shares opened at $31 per share and closed at