BETA Technologies Prices IPO

MT Newswires Live

11/04

BETA Technologies (BETA) said late Monday it priced an initial public offering of nearly 29.9 million class A common shares at $34 apiece.

The electric aerospace company said it granted underwriters a 30-day overallotment option to buy up to an additional 4.5 million class A shares.

The offering is expected to close on Wednesday, and shares are expected to debut on the New York Stock Exchange today under the ticker "BETA," according to a statement.

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