UpHealth, Inc.

0.0002

+0.0000

Volume:350.00

Turnover:0.07

Market Cap:3.79K

PE:0.00

High:0.0002

Open:0.0002

Low:0.0002

Close:0.0002

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Why this drone maker is braving turbulent markets for an IPO

Dow Jones

·

11 Apr

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Drone maker Airo Group Holdings Inc. is stepping into a challenging market for initial public offerings by launching a roadshow for its stock-market debut.Airo on Thursday said it plans to offer 5 million shares at an estimated price range of $14 to $15 a share for trading on the Nasdaq COMP under the symbol \"AIRO.\" . With up to 25.64 million shares of Airo to be outstanding after it goes public, the company would have a market capitalization of up to $410 million if the IPO prices at the top of its range.'Historically, IPO volume has dropped alongside spikes in volatility, sometimes for months, depending on the severity of the panic.'Renaissance Capital. 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