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Karman Announces Closing of its Upsized Initial Public Offering, with Full Exercise of Over-Allotment Option

  • Karman Holdings Inc. Announced the closing of its initial public offering of 26,450,000 shares at $22.00 per share on February 14, 2025.
  • The offering included 14,578,947 shares sold by existing stockholders and 3,450,000 shares from the over-allotment option.
  • Karman will not receive any proceeds from the sale of shares by the Selling Stockholders.
  • Citigroup and Evercore ISI are acting as book-running managers for the offering.
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The Billings Gazette broke the news in Billings, United States on Friday, February 14, 2025.
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