other material
confidence high
sentiment neutral
materiality 0.70
AerSale selling stockholders launch secondary offering of 4.25M shares, raising ~$73.3M
AerSale Corp
- Selling stockholders sold 4.25M shares plus 637,500 option shares fully exercised.
- Gross proceeds of approximately $73.3 million; AerSale receives no proceeds.
- Underwriting agreement with Cowen, RBC and Stifel as representatives of underwriters.
- Closing expected on or about August 19, 2022, subject to customary conditions.