Loar Holdings Inc. Announces Secondary Public Offering

Loar Holdings Inc. (NYSE:LOAR) has announced the launch of a secondary underwritten public offering involving 9,000,000 shares of its common stock. Certain stockholders are also set to give underwriters a 30-day option to purchase an additional 1,350,000 shares at the public offering price. Loar will not sell any shares directly nor receive any proceeds from this offering. Instead, selling stockholders will benefit from the funds raised.

Jefferies and Morgan Stanley are leading the proposed offering, with Blackstone as co-manager. The offering's legal framework was outlined in an automatic shelf registration statement filed with the SEC and effective from May 1, 2025. The completion and terms of the offering are contingent upon favorable market conditions.