AEVEX Corp. Announces Launch of Proposed Public Offering

AEVEX Corp. Announces Launch of Proposed Public Offering

AEVEX Corp. (NYSE: AVEX), a portfolio company of Madison Dearborn Partners’ funds and a global leader in cutting-edge unmanned systems, today announced the commencement of a public offering of its Class A common stock by AEVEX and certain selling stockholders (the “Offering”). AEVEX is offering 5,726,157 shares of Class A common stock and the selling stockholders are offering 2,273,843 shares of Class A common stock pursuant to a registration statement on Form S-1 (the “Registration Statement”) filed with the U.S. Securities and Exchange Commission (the “SEC”). In addition, AEVEX and the selling stockholders identified in the Registration Statement intend to grant the underwriters a 30-day option to purchase up to an additional 858,923 and 341,077 shares of Class A common stock from AEVEX and the selling stockholders, respectively, at the public offering price, less underwriting discounts and commissions. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed.

Goldman Sachs & Co. LLC, BofA Securities and Jefferies are acting as joint lead bookrunning managers for the proposed Offering.