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

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.