Madison Air (NYSE: MAIR) began trading on the New York Stock Exchange on April 16, 2026, marking its transition to a publicly traded company. Members of Madison Air leadership participated in the NYSE opening bell ceremony to commemorate the listing.
The company provided investor and media contacts for follow-up information.
Madison Air (NYSE: MAIR) priced its initial public offering of 82,692,308 Class A shares at $27.00 per share, with a 30-day underwriter option for up to 12,403,846 additional shares. Trading is expected to begin on April 16, 2026 under ticker MAIR, and close on April 17, 2026, subject to customary conditions.
The company also agreed to a concurrent private placement of $100.0 million of Class B shares to an existing investor controlled by founder Larry Gies; the private placement will not be registered under the Securities Act.
Madison Air (NYSE:MAIR) launched a roadshow for a proposed initial public offering of 82,692,308 shares, with an expected price range of $25.00 to $27.00 per share.
The company intends to list on the New York Stock Exchange and use net proceeds primarily for repayment of certain indebtedness. The offering is subject to SEC registration becoming effective and will be made only by prospectus.