Arxis, a portfolio company of Arcline Investment Management, announced the launch of its initial public offering of 37,735,849 shares of Class A common stock, with an expected price range of $25.00 to $28.00 per share.
The company intends to list its shares on the Nasdaq Global Select Market under the ticker symbol “ARXS,” marking its transition to the public markets. The offering is subject to market conditions, and final pricing and timing have not yet been determined.
Arxis designs and manufactures proprietary, mission-critical electronic and mechanical engineered components, serving end markets including aerospace and defense, medical technology, and specialized industrial applications. The company leverages its intellectual property and engineering capabilities to deliver high-performance solutions for complex customer requirements.
The IPO is being led by a syndicate of major financial institutions, with Goldman Sachs & Co. LLC, Morgan Stanley, and Jefferies LLC acting as lead joint book-running managers. Additional book-running managers include Citigroup and RBC Capital Markets, alongside a broader group of participating underwriters.
The offering will be conducted through a filed registration statement with the U.S. Securities and Exchange Commission, which has not yet become effective. As a result, the securities may not be sold until the registration process is completed.
Arcline Investment Management, with more than $20 billion in assets under management, has positioned Arxis as part of its strategy to build long-term industrial platforms focused on consistent earnings growth.
No proceeds or use-of-funds details were disclosed in the announcement, and completion of the offering remains subject to regulatory approval and market conditions.
