Arxis raises $1.13 billion in upsized US public offering
The Connecticut-based company priced its shares at $28 each to meet strong investor demand. Trading begins today on the Nasdaq under the ticker symbol ARXS.
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Arxis, a prominent manufacturer of aerospace components, has successfully raised $1.13 billion through its initial public offering in the United States. The Bloomfield, Connecticut-based firm priced 40.5 million shares at $28 each, reaching the top of its expected range of $25 to $28 per share.
