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Stock impact report

Defense Firm York Space Systems Seeks $544 Million in US IPO [Yahoo! Finance]

Karman Holdings Inc. (KRMN) 
Company Research Source: Yahoo! Finance
The company is offering 16 million shares for $30 to $34 each, according to a filing Friday with the US Securities and Exchange Commission. At the top of the price range, the company would have a market value of about $4.25 billion based on the outstanding shares listed in the filing. Most Read from Bloomberg Why the Renovation of Federal Reserve Headquarters Costs $2.5 Billion Seattle Is Building Light Rail Like It's 1999 E-Bike Boosters Ask: Is It All Downhill From Here? Millionaire Tax in Rhode Island Gets Governor's Support NYC's New Comptroller Sounds Alarm on Two-Year Deficit of $12.6 Billion The IPO is expected to price on Jan. 28, according to people familiar with the matter. A representative for York Space declined to comment. York Space's potential listing comes as companies in the space and defense sectors have been stepping up first-time share sale activity, spurred by increasingly fierce competition among several countries including the US. Any debut woul Show less Read more
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