IPO - Loar Holdings Inc.

Form Type: 8-K

Filing Date: 2025-05-19

Corporate Action: Ipo

Type: New

Accession Number: 000119312525122504

Filing Summary: Loar Holdings Inc. filed a report on Form 8-K regarding significant corporate actions taken on May 13, 2025, and subsequent events. The company entered into a waiver of the Registration Rights Agreement, allowing certain Principal Investors, namely Dirkson Charles and Brett Milgrim, to sell up to a pro rata amount of shares during an offering of common stock. This waiver was necessary due to restrictions set following the initial public offering on April 29, 2024, which prohibits these investors from transferring their shares until September 30, 2027, with limited exceptions. Additionally, on May 14, 2025, Loar Holdings executed an Underwriting Agreement for an offering of 9,000,000 shares of their common stock at a price of $83.41 per share, along with a 30-day option for underwriters to purchase an additional 1,350,000 shares. The offering's closing occurred on May 16, 2025, with a follow-up exercise of the option on May 19, 2025, indicating active engagement in capital markets following the IPO. Notably, the company did not receive any proceeds from this offering, as all shares sold were from existing shareholders.

Form Type: 424B7

Filing Date: 2025-05-15

Corporate Action: Ipo

Type: New

Accession Number: 000119312525120938

Filing Summary: Loar Holdings Inc. is offering 9,000,000 shares of its common stock in this public offering, with no proceeds going to the company itself, as all shares are being sold by selling stockholders. The shares have a public offering price of $83.41 each, which translates to a total offering amount of approximately $750.69 million. The underwriters have an option to purchase an additional 1,350,000 shares. The common stock is listed on the NYSE with the symbol 'LOAR', and the document notes that the last reported sale price was $99.49 on May 12, 2025. The offering involves a number of underwriters, including Jefferies, Morgan Stanley, and Citigroup, and is intended to be delivered by May 16, 2025. Risks associated with investing in this offering include reliance on specific customer segments, competitive pressures, and industry regulation changes. The document classifies the Company's status as an emerging growth company, allowing it certain exemptions from the usual disclosure requirements. Loar Holdings specializes in aerospace and defense components, with an emphasis on aftermarket products that contribute significantly to its revenue. Moreover, the company has a strategic focus on maintaining diversified revenue streams and pursuing acquisitions to sustain growth.

Form Type: DEF 14A

Filing Date: 2025-04-22

Corporate Action: Ipo

Type: New

Accession Number: 000119312525087948

Filing Summary: Loar Holdings Inc. is excited to announce significant developments as it moves forward after a transformative year in 2024, which included a successful initial public offering (IPO) and the largest acquisition in its history, Applied Avionics. The company is set to hold its 2025 Annual Meeting of Stockholders on June 3, 2025, in a virtual format, allowing stockholders to participate and vote online. Key proposals at the meeting include the election of four Class I directors, the ratification of Ernst & Young LLP as the independent registered public accounting firm for 2025, and the approval of the Amended and Restated Loar Holdings Inc. 2024 Equity Incentive Plan. The board of directors recommends stockholders vote in favor of all proposals. Stockholders of record as of April 21, 2025, will be eligible to vote and are encouraged to submit their votes online or by proxy to ensure their participation in the meeting.

Form Type: CORRESP

Filing Date: 2024-12-09

Corporate Action: Ipo

Type: New

Accession Number: 000119312524272900

Filing Summary: Loar Holdings Inc. has filed a request for the acceleration of the effective date of their Registration Statement on Form S-1, which is set to become effective on December 10, 2024. The request was made by Jefferies LLC, Morgan Stanley & Co. LLC, and Moelis & Company LLC, who are acting as representatives of the underwriters. The filing indicates that reasonable steps will be taken to ensure the distribution of the preliminary prospectus prior to the effective time of the Registration Statement. It confirms compliance with relevant rules and requirements under the Securities Act of 1933 and the Securities Exchange Act of 1934. The signatures of the Managing Directors from the involved underwriters are included to validate this request.