India, April 8 -- Arxis Inc., a portfolio company of Arcline Investment Management, announced the launch of its initial public offering of 37.7 million shares of Class A common stock.
The company expects the IPO to be priced between $25.00 and $28.00 per share. Arxis said its shares are expected to list on the Nasdaq Global Select Market under the ticker "ARXS."
The offering is being led by Goldman Sachs & Co. LLC, Morgan Stanley and Jefferies as joint lead book-running managers. Additional book-running managers include Citigroup and RBC Capital Markets, along with several other financial institutions.
Arxis designs and manufactures proprietary electronic and mechanical engineered components used in mission-critical applications.
For co...