secwatch.observer — SEC 8-K summary
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Issuer:     Applied Aerospace & Defense, Inc. (AADX)
CIK:        0002118195
Form:       8-K
Filed at:   2026-06-04T20:45:57+00:00
Accession:  0001193125-26-257600
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 3.03, 5.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Applied Aerospace closes IPO of 32.5M shares at $20.00; majority holder gets board nomination rights
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- IPO priced at $20.00/share; 32.5M firm shares sold, plus underwriter option for up to 4.875M additional.
- Gross proceeds to company ~$650M before expenses; shares trade on NYSE under ticker AADX.
- Stockholder Agreement with AA&D Holdings (Greenbriar) gives it board nomination rights based on ownership thresholds (100% to 1 director).
- Adopted 2026 Omnibus Incentive Plan and 2026 Employee Stock Purchase Plan; entered indemnification agreements with directors/officers.
- Filed amended certificate of incorporation and bylaws effective June 2, 2026; initial board set at 8 members with classified terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2118195/000119312526257600/0001193125-26-257600-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2118195/000119312526257600/d31398d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-257600

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer