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AEVEX opens at $23.01, IPO priced at $20 per share

Drone maker AEVEX (AVEX) priced 16M shares at $20.00, within the expected $18.00-$21.00 range. Goldman Sachs, BofA and Jefferies acted as joint book running managers for the offering. The portfolio company of Madison Dearborn Partners’ funds dubs itself “a global leader in cutting-edge unmanned systems.”

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