Everest Consolidator Acquisition Corp

11.65

0.0000

Volume:- -

Turnover:- -

Market Cap:83.39M

PE:-41.77

High:11.65

Open:11.65

Low:11.65

Close:11.65

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Why this drone maker is braving turbulent markets for an IPO

Dow Jones

·

11 Apr

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Drone maker Airo Group Holdings Inc. is stepping into a challenging market for initial public offerings by launching a roadshow for its stock-market debut.Airo on Thursday said it plans to offer 5 million shares at an estimated price range of $14 to $15 a share for trading on the Nasdaq COMP under the symbol \"AIRO.\" . With up to 25.64 million shares of Airo to be outstanding after it goes public, the company would have a market capitalization of up to $410 million if the IPO prices at the top of its range.'Historically, IPO volume has dropped alongside spikes in volatility, sometimes for months, depending on the severity of the panic.'Renaissance Capital. The deal comes at a time when most IPOs have been delayed in the face of wild stock-market gyrations following President Trump's tariff moves in the past week.The Renaissance IPO ETF IPO was down 6.3% Thursday and has fallen 13.8% in the 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