other material
confidence high
sentiment neutral
materiality 0.40
AerSale enters underwriting agreement for secondary offering of 4M shares by existing stockholders
AerSale Corp
- Secondary offering of 4,000,000 shares (plus 600,000 option) by Green Equity Investors affiliates; company receives no proceeds.
- Underwriting agreement with RBC Capital Markets as sole underwriter; closing expected on or about June 2, 2023.
- Shares registered on Form S-3 shelf; selling stockholders include Green Equity Investors CF, L.P. and affiliates.
- Company did not issue new shares; proceeds go entirely to selling stockholders.