AeroVironment closes over-allotment option, raising $131.3M gross from 529,234 additional shares

AeroVironment Inc

Underwriters fully exercised over-allotment option on July 15, 2025 for 529,234 shares at $248.00 per share.
Gross proceeds of $131.3 million; net proceeds approximately $126.3 million after underwriting discounts and expenses.
Shares were issued in connection with the July 3, 2025 underwritten public offering of 3,528,226 shares.
Combined offering raised total gross proceeds of approximately $1.006 billion (original + over-allotment).
Net proceeds to be used for general corporate purposes, including working capital and potential acquisitions.

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