01:50 PM EDT, 03/23/2026 (MT Newswires) -- Aevex (AVEX), a defense technology contractor, said in a filing Monday that it plans to hold an initial public offering of its class A common shares.

Some shareholders also plan to sell shares in the offering, according to a filing with the US Securities and Exchange Commission.

Aevex said it expects to list its class A common stock under the symbol "AVEX" on the New York Stock Exchange.

Net proceeds from the sale of its shares will be used to buy newly issued units of Athena Technology Solutions as well as units and shares of Athena Technology from some direct and indirect equity holders, the company said.