Innio Prices 13.5M Shares at $27.00
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 days ago
0mins
Innio priced 13.5M shares at $27.00. The deal size was increased to 13.5M shares of common stock from 7.5M shares and priced at the high-end of the $24.00-$27.00 range. Goldman Sachs, JPMorgan and Morgan Stanley acted as joint book running managers for the offering. Innio designs, manufactures, and services high-performance power systems under its Jenbacher and Waukesha brands.
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Analyst Views on INIO
Wall Street analysts forecast INIO stock price to rise
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Current: 33.300
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Current: 33.300
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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