INNIO prices upsized IPO of 90M shares at $27
INNIO Group announced the pricing of its upsized initial public offering (IPO) and related offering details.
Main announcement: INNIO priced an upsized IPO of 90,000,000 common shares at a public offering price of $27.00 per share, representing a 15,000,000 share upsize from the originally proposed 75,000,000 shares; the offering consists entirely of secondary shares and INNIO will not receive any proceeds. Trading is expected to begin on the Nasdaq Global Select Market under ticker “INIO” on June 4, 2026, with the offering expected to close on June 5, 2026, subject to customary closing conditions; the selling shareholder granted the underwriters an option to purchase up to 13,500,000 additional common shares at the IPO price less underwriting discounts and commissions.
Background and transaction details: The registration statement was declared effective by the U.S. Securities and Exchange Commission (SEC) on June 3, 2026; Goldman Sachs & Co. LLC, J.P. Morgan and Morgan Stanley are joint lead book-running managers, with multiple bookrunners and co-managers (BofA Securities, Barclays, Citigroup, Baird, BNP Paribas, Deutsche Bank Securities, RBC Capital Markets, UBS Investment Bank, Credit Agricole CIB, Erste Group, UniCredit, Academy Securities, Drexel Hamilton). The prospectus availability and underwriter contact details are provided in the release.