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Karman Holdings Inc. Raises $147M in Successful IPO

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Karman Holdings Inc. Raises $147M in Successful IPO

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Karman Holdings Inc. ( (KRMN) ) has issued an announcement.

On February 12, 2025, Karman Holdings Inc. priced its initial public offering (IPO) of 23,000,000 shares at $22.00 per share, with the IPO closing on February 14, 2025. The company raised approximately $147 million from the IPO, excluding proceeds from shares sold by existing stockholders, and intends to use the funds for corporate purposes including development, working capital, and operating expenses.

More about Karman Holdings Inc.

Karman Holdings Inc. specializes in the design, testing, manufacturing, and sale of mission-critical systems for missile, defense, and space programs. Their integrated solutions are used in various Department of Defense and space sector initiatives.

YTD Price Performance: 4.93%

Average Trading Volume: 5,429,856

For detailed information about KRMN stock, go to TipRanks’ Stock Analysis page.

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