IPO

The parent company to Aspen Avionics prepares for its public offering.

Company says a million shares of stock have been reserved since its announcement at Oshkosh.

Sir Richard Branson’s Virgin Orbit, a satellite launch and services company, will officially become a publicly traded company following its merger with NextGen Acquisition Corp. II (NASDAQ: NGCA).

At the proposed deal size, company would command a market value of $263 million.

U.K.-based air taxi startup Vertical Aerospace has officially become a publicly traded company, following its merger with Broadstone Acquisition Corp.

eVTOL developer told investors that it was an “extremely unfavorable” time for SPAC transactions.

Broad Capital Acquisition, a blank-check company targeting the aviation and aerospace industry, filed with the Securities and Exchange Commission on Thursday for an initial public offering to raise up to $100 million. The Plano, Texas-based company, which was founded this year, intends to list as “BRACU” on the Nasdaq. It’s led by CEO and Director […]