04:15 AM EDT, 05/22/2025 (MT Newswires) -- StandardAero ( SARO ) reported late Wednesday that a secondary offering of 30 million shares was priced at $28 apiece.
The selling stockholders granted underwriters a 30-day option to purchase up to 4.5 million additional shares.
The Carlyle Group ( CG ) and GIC affiliates will receive all of the net proceeds from this secondary offering, which is expected to close on May 23, the company said.