AIRO Completes Increased $89.4 Million Public Offering with Full Exercise of Underwriters' Option for Extra Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 15 2025
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Source: Newsfilter
Public Offering Details: AIRO Group Holdings, Inc. has successfully closed an upsized public offering of 4,830,000 shares, raising gross proceeds of $89.4 million, including the exercise of an underwriters' option for additional shares.
Use of Proceeds: The company plans to use the net proceeds primarily for growth initiatives, opportunistic acquisitions, and repurchasing shares from certain stockholders, with any remaining funds allocated for general corporate purposes.
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Analyst Views on AIRO
Wall Street analysts forecast AIRO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AIRO is 19.67 USD with a low forecast of 19.00 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 11.350
Low
19.00
Averages
19.67
High
20.00
Current: 11.350
Low
19.00
Averages
19.67
High
20.00
About AIRO
Airo Group Holdings, Inc. is an aerospace and defense company. The Company operates through four segments: Drones, Avionics, Training, and Electric Air Mobility. The Drones segment develops, manufactures, and sells drones. Military drones are sold through the Sky-Watch brand. The Avionics segment develops, manufactures, and sells avionics for military and general aviation aircraft, drones, and electric vertical take-off and landing aircraft (eVTOLs). Its advanced avionics products include flight displays, Connected Panels, and GPS/GNSS sensors, which are sold through its Aspen Avionics brand. The Training segment provides military pilot training and also offers professional training and consulting services to the United States (U.S.) military, select NATO countries, and other U.S. allies under its CDI brand. Electric Air Mobility segment is developing a rotorcraft eVTOL for cargo and passenger use through its Jaunt brand for fixed route flights, on-demand trips, and cargo operations.
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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