Aerospace manufacturer gears up for public listing in 2025 amid JV with Magellan, improved revenues, and sharp drop in losses.
Aerospace and contract manufacturing firm Aequs has formally begun its journey towards a USD 200 million IPO, with the board approving a special resolution to convert the company into a public limited entity, regulatory filings show.
The company will be renamed ‘Aequs Limited’ as it transitions from a privately held firm to a publicly listed one, ahead of its planned offering later this year. The IPO is expected to include a combination of fresh equity issuance and offer for sale (OFS) by existing shareholders.
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Aequs Sets Stage for $200 Mn IPO, Converts Into Public Company – BW Disrupt