Loar Holdings Inc. announced on May 14, 2025, the pricing of a secondary underwritten public offering of its common stock. The offering involved 9,000,000 shares sold by certain existing stockholders.
The shares were priced at $83.41 per share, with the selling stockholders granting the underwriters a 30-day option to purchase up to an additional 1,350,000 shares. This offering allows existing investors to monetize a portion of their holdings.
While the company itself did not sell shares in this offering, the increased supply of shares on the market can influence trading dynamics. This event represents a significant transaction by major shareholders.
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