Loar Holdings Secondary Stock Offering Priced at $83.41 per Share

MT Newswires Live

05/15

Loar Holdings (LOAR) said late Wednesday a secondary underwritten public offering of 9 million shares of its common stock by certain shareholders has been priced at $83.41 per share.

The underwriters have been granted a 30-day option to purchase up to about 1.4 million additional shares.

The company will not receive any proceeds from the secondary offering, which is expected to close on Friday.

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