Jun. 2 at 11:38 AM
$KRMN offering closed at
$61. no dilution, thanks for the discount. simply a fund selling after probably getting it 50% cheaper.
Karman Holdings Sets 14M-Share Secondary at
$61 Under Citi, Evercore; 2.1M Option Granted
KRMN
−6.70%
Karman Holdings entered into an underwriting agreement with Citigroup Global Markets and Evercore Group as underwriters for a secondary public offering by selling stockholders. The deal covers 14,000,000 shares of common stock at
$61.00 per share, with a 30-day option for underwriters to purchase up to 2,100,000 additional shares. The offering closed on June 1, 2026, and includes a 90-day lock-up restricting additional share sales by the company. The agreement includes customary representations, covenants, and indemnities.