IPO - Amentum Holdings, Inc.

Form Type: 424B4

Filing Date: 2025-03-12

Corporate Action: Ipo

Type: New

Accession Number: 000162828025012390

Filing Summary: Amentum Holdings, Inc. filed this prospectus supplement on March 12, 2025, to register the offer and sale of 19,464,174 shares of its common stock under the Registration Rights Agreement with Jacobs Engineering Group, Inc. (JEG), a wholly-owned subsidiary of Jacobs Solutions Inc. The offering comes as part of a debt-for-equity exchange where JEG will swap the shares for certain indebtedness held by Bank of America, N.A. The exchange is anticipated to happen immediately prior to the settlement of the offering, and it is a condition for the underwriters' sale of shares to investors. Upon completion, JEG is expected not to hold any of Amentum's common stock. This document includes financial details such as the public offering price set at $16.50 per share, with anticipated proceeds to BofA Securities, Inc. The common stock will be listed on the NYSE under the symbol “AMTM.” The filing also emphasizes the risk factors associated with the investment, including the company’s business strategy, which focuses on complex engineering and technology solutions for government clients.

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Form Type: S-1

Filing Date: 2025-03-10

Corporate Action: Ipo

Type: New

Accession Number: 000162828025011468

Filing Summary: Amentum Holdings, Inc. filed a registration statement on Form S-1 with the SEC for the public offering of 19,464,174 shares of common stock. This offering is part of an exchange agreement wherein shares currently held by Jacobs Engineering Group, Inc. (a subsidiary of Jacobs Solutions Inc.) will be exchanged for certain debts owed to Bank of America, N.A. This debt-for-equity exchange is a condition for the sale of these shares, and Amentum will not receive any proceeds from this transaction. Following a previous spin-off and merger known as the Reverse Morris Trust Transaction on September 27, 2024, Amentum became a publicly traded company with its shares listed on the NYSE under the symbol 'AMTM'. The last reported sale price prior to the filing was $19.99 per share, reflecting the company's significant market positioning post-transaction. Amentum aims to leverage its advanced engineering and technology capabilities to support government and allied agency programs, with a considerable backlog of $45 billion. The registration and potential offering are aligned with Amentum's strategy of increasing market penetration and expanding into high-growth areas.

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Form Type: CORRESP

Filing Date: 2025-03-10

Corporate Action: Ipo

Type: New

Accession Number: 000162828025011481

Filing Summary: Amentum Holdings, Inc. has requested the acceleration of the effective date of its Registration Statement on Form S-1, File No. 333-285663, for a proposed public offering of its common stock. The company, represented by BofA Securities, seeks to have the registration declared effective at 5:00 p.m. Eastern Time on March 11, 2025. The underwriters have confirmed their compliance with the necessary distribution of the preliminary prospectus as per SEC regulations. This IPO marks a significant step in Amentum's path towards entering public markets, aiming to secure funding and expand its operations.

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