Loar Holdings Inc. announced the entry into a new shareholder agreement as part of its latest corporate developments. The company has finalized a Registration Rights Agreement with several key investors, including affiliates of Abrams Capital Management, GPV Loar LLC, and Blackstone Alternative Credit Advisors. This agreement imposes restrictions on the sale or transfer of shares held by prominent executives Dirkson Charles and Brett Milgrim, with a lock-up period extending until September 30, 2027. However, exceptions permit each executive to transfer up to $30 million of their shares. Additionally, a waiver was granted on May 13, 2025, allowing Charles and Milgrim to sell a pro rata amount alongside other principal investors. This strategic move aims to manage share transactions and align investor interests.
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