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Applied Aerospace & Defense IPO Priced at $20

March 26, 2026

2 min read

Key Takeaways

Applied Aerospace & Defense priced its IPO at $20.00 per share.
The company issued 32.5M shares of common stock.
The IPO priced within the $18.00-$21.00 range.
Shares trade on the NYSE under the ticker symbol 'AADX'.

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Strategic Implications

This IPO may signal growing investor interest in space and defense technologies. The successful listing could indicate confidence in the sector's growth prospects, which suggests potential opportunities for other companies in the industry.

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What Happened

Advanced Manufacturer Lists on New York Stock Exchange

Applied Aerospace & Defense, a manufacturer of mission-critical systems for space and defense, has priced its initial public offering at $20.00 per share. The company issued 32.5 million shares of common stock, with the deal pricing within the expected range of $18.00 to $21.00. The shares are now trading on the New York Stock Exchange under the ticker symbol ‘AADX’. Morgan Stanley, Jefferies, and other firms acted as joint book-running managers for the offering. This development was first reported by TheFly.

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