IPO Journey
AEVEX Corp.
IPO Date: June 5, 2026 · 6 filings tracked
Final Offer Terms
Ticker
AVEX
Exchange
The New York Stock Exchange
Offer Price
$27.00
Shares Offered
8,000,000
Estimated Proceeds
$216.0M
Underwriters
Led by Goldman Sachs & Co. LLC, BofA Securities
JefferiesJ.P. MorganRBC Capital MarketsBairdWilliam BlairRaymond JamesNeedham & CompanyAcademy SecuritiesCapital One SecuritiesPNC Capital Markets LLC
Filing Timeline
1
S-1
March 23, 2026
- Specialized defense contractor providing AI-driven 'brains' for autonomous air and maritime systems.
- Strong growth in 'funded backlog,' which surged from $179.2 million in 2024 to over $500 million by end of 2025.
2
S-1/A
April 9, 2026
- Rapid scaling with Q1 2026 revenue projected at $200M-$208M, up from $53M in Q1 2025.
- Innovative 'ForgeX' containerized 3D-printing factories enable rapid, front-line drone production.
Changes from previous filing
- ▸ Expected offer range: $18.0 – $21.0 per share
- ▸ Shares offered: 16,000,000
- ▸ Estimated proceeds: $288M
3
S-1/A
April 15, 2026
- Rapid revenue growth, with Q1 2026 estimates showing a nearly 300% increase year-over-year.
- Transitioned from a $27.4 million loss in Q1 2025 to profitability in Q1 2026.
4
424B4
Material Update
April 20, 2026
- Proprietary CompassX AI software enables mission-critical navigation in GPS-denied and electronic warfare environments.
- Rapid production capabilities via ForgeX modular units, capable of producing 1,080 drones per year per unit.
Changes from previous filing
- ▸ Price range removed
- ▸ Final offer price: $20.0 per share
- ▸ Estimated proceeds: $320M
5
S-1
June 1, 2026
- High-tech partner for U.S. defense and intelligence agencies
- Specializes in mission-critical 'Unmanned Systems' and AI software
Changes from previous filing
- ▸ Ticker symbol removed
424B4
Final Pricing
June 5, 2026
- Proven defense tech leader with over 6,200 unmanned systems delivered
- Specialized AI-powered navigation software for GPS-denied environments
Changes from previous filing
- ▸ Ticker symbol: AVEX
- ▸ Exchange: The New York Stock Exchange
- ▸ Final offer price: $27.0 per share
- ▸ Shares offered: 8,000,000
- ▸ Estimated proceeds: $216M
- ▸ Underwriters: Goldman Sachs & Co. LLC, BofA Securities, Jefferies, J.P. Morgan, RBC Capital Markets, Baird, William Blair, Raymond James, Needham & Company, Academy Securities, Capital One Securities, PNC Capital Markets LLC
Disclaimer: AI-generated analysis for informational purposes only. Not financial advice. Always conduct your own research.