AerSale Announces Pricing of Secondary Offering of Common Stock and Concurrent Share Repurchase
Cowen, RBC Capital Markets, and Stifel are acting as joint book-running managers and representatives of the underwriters for the Offering.
- Cowen, RBC Capital Markets, and Stifel are acting as joint book-running managers and representatives of the underwriters for the Offering.
- In addition, the Company has entered into a share repurchase agreement with the Selling Stockholders pursuant to which it will repurchase an aggregate of 1,500,000 shares of Common Stock directly from the Selling Stockholders (the Share Repurchase).
- The Share Repurchase is expected to be consummated concurrently with the closing of the Offering.
- Although the Share Repurchase is conditioned upon the closing of the Offering, the closing of the Offering is not conditioned upon the closing of the Share Repurchase.