AIRO Announces Pricing of Its Initial Public Offering
Summary by Bluefield Daily Telegraph
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Airo Launches $60M IPO Amid Global Drone Boom - USA Herald
Airo Group Holdings Inc., a rising force in aerospace and defense innovation, officially took flight on the Nasdaq Friday, launching its long-awaited $60 million initial public offering — but not without turbulence. The Albuquerque, New Mexico-based developer of drone systems and pilot training platforms priced its IPO at $10 per share, undercutting its earlier guidance of $14 to $16. Still, in a bold move, Airo increased its offering from 5 mil…
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