Arxis (ARXS) upsized its IPO at pricing – to 40.5 million shares – up from 37.74 million in the prospectus – and priced its IPO at $28.00 – the top of its range – to raise $1.13 billion on Wednesday night, April 15, 2026. Shares of Arxis (ARXS) shot up $10.00 in their NASDAQ debut on Thursday, April 16, 2026 – opening at $38.00 at 12:19 p.m. EDT on volume of 3.5 million shares. (Editor’s Note: This column, posted last night, was updated at midday – Thursday, April 16, 2026 – with Arxis (ARXS) news on its NASDAQ debut.)
Goldman Sachs, Morgan Stanley and Jefferies served as lead joint book-runners.
Arxis, based in Bloomfield, Connecticut, designs and manufactures electronic and mechanical components for aerospace and defense, medical technology and specialized industrial markets, including the semiconductor industry, according to the prospectus.
At pricing, Arxis had a market cap of $11.32 billion.
After the IPO, Arxis will be controlled by Arcline Investment Management, a private equity-driven fund, according to the prospectus.
Arxis is profitable: Net income of $45.99 million on revenue of $1.59 billion for the 12 months that ended Dec. 31, 2025, according to financial statements in the prospectus.
(For more information about this company, please check the IPO Calendar and the individual IPO Profile found on the IPOScoop.com website.)
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