Madison Air Concurrent Private Placement

In conjunction with its IPO, Madison Air issued 3,703,704 shares of Class B common stock in a private placement at $27.00 per share.

“In addition, the Company issued 3,703,704 shares of Class B common stock under a concurrent private placement at a price of $27.00 per share.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.