Atmus Filtration Technologies Inc.’s stock ATMU soared 14% Friday in their trading debut, after the Cummins Inc. CMI spinoff priced its initial public offering in the middle of its price range. The company sold 14.1 million shares priced at $19.50 each to raise $275 million. The stock is trading on the New York Stock Exchange, under the ticker ‘ATMU.’ Goldman Sachs and JP Morgan were lead book-running managers on the deal with 10 other banks acting as co-managers.
The company sold 14.1 million shares priced at $19.50 each to raise $275 million. The stock is trading on the New York Stock Exchange, under the ticker ‘ATMU.’ Goldman Sachs and JP Morgan were lead book-running managers on the deal with 10 other banks acting as co-managers.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: