On May 26, mission-critical systems maker for the space and defense sector, Applied Aerospace & Defense, Inc., launched a roadshow for its proposed initial public offering (IPO) of its common stock at an IPO price between $18 and $21 per share, under the ticker symbol “AADX.” The company is set to list 32.50 million shares of its common stock. Bankers plan to price the approximately $633.8 million IPO on June 2, with trading on the New York Stock Exchange on June 3.
We take a closer look at the company now…
