Atmus filtration ipo.

Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced that it has launched a roadshow for its proposed initial public offering (IPO). The IPO is for 14,124,409 shares of the common stock of Atmus currently owned by Cummins. The underwriters will also be granted a 30-day option to purchase up to an additional 2,118,661 ...The business had revenue of $396.20 million for the quarter, compared to analyst estimates of $390.93 million. Atmus Filtration Technologies had a net margin of 10.67% and a trailing twelve-month return on equity of 79.43%. The firm's revenue for the quarter was down 1.2% compared to the same quarter last year.With a presence in more than 150 countries on six continents, Atmus provides a strong customer base across truck, bus, agriculture, construction, mining, marine, and power generation vehicles and equipment markets. In addition, our multi-channel distribution ensures broad product availability, with choice and flexibility for end-users. IPO News for Atmus Filtration Technologies IPO investors crave carve-outs with 2 more teed up after Thanksgiving 11/20/23; Pessimism over Fed policy and geopolitical tensions topple year's large IPOs; here are the deals that have weathered the recent turmoil 10/23/23; Updated: Renaissance Capital's 2Q 2023 US IPO Market Review 07/03/23

Atmus IPO priced in the middle of its proposed price range Nashville, Tenn.-based Atmus sold 14.1 million shares priced at $19.50 each to raise $275 million in its IPO. Atmus Filtration Technologies

Cummins Filtration (the “Company”), today a business unit of Cummins Inc. (NYSE: CMI), has reached an important milestone in establishing itself as a standalone company with the announcement of its new name: Atmus Filtration Technologies. The new corporate brand will take effect upon becoming a standalone company.

Story continues. COLUMBUS, Ind., February 21, 2023--Cummins Inc. (NYSE: CMI) today announced that its Filtration business, Atmus Filtration Technologies, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") for a proposed underwritten initial public offering (IPO) of newly …Cummins' (CMI) spinoff Atmus makes a strong market debut, with an 11% surge in its IPO. Discover how Atmus is poised to capitalize on global demand for its filtration products.A Quick Take On Atmus Filtration Technologies. Atmus Filtration Technologies Inc. (NYSE:ATMU) has filed to raise $100 million in an IPO of its common stock, according to an S-1 registration statement.The IPO is set for pricing Thursday night (May 25) to trade Friday (May 26) on the New York Stock Exchange. At 14.12 million shares, it’s not a huge IPO. The price range is $18.00 to $21.00. Atmus Filtration Technologies’ IPO would raise $275.43 million, if priced at the $19.50 mid-point.

Atmus Filtration Technologies, an industrial and engine filtration business spun out of Cummins, raised $275 million by offering 14.1 million shares at $19.50, the midpoint of the $18 to $21 range. While the company is issuing primary shares, Atmus will not receive any of the IPO proceeds; all of the proceeds from this offering will be received ...

NASHVILLE, Tenn., May 26, 2023--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, will begin trading on the New York Stock Exchange today under ...

May 8, 2023 · Atmus Filtration Technologies Inc., the filtration business of Columbus-based Cummins Inc., is looking to raise more than $341 million in its proposed initial public offering. The company ... Atmus Filtration Technologies Inc., the Filtration business unit of Cummins Inc. ( CMI ), announced the pricing of its initial public offering of 14.12 million shares of its common stock owned by Cummins at a price to the public of $19.50 per share. The shares are expected to begin trading on the New York Stock Exchange (NYSE) on May 26, 2023 ...Atmus Filtration launches IPO. Friday, May 26, 2023 12:31 PM EDT. ... looks to raise as much as $316 million with the IPO. Atmus set its price to the public at $19.50 per share. The company has ...Gift this article. Atmus Filtration Technologies Announces Launch of Initial Public Offering Business Wire NASHVILLE, Tenn. -- May 16, 2023 Atmus Filtration Technologies Inc. (Atmus), the ...May 26, 2023 · Shares of Atmus opened at $21.67, up 11% from their initial public offering price of $19.5 a share. Atmus raised about $275 million by selling 14.1 million shares.

Atmus Filtration Technologies (ATMU) has filed for a proposed IPO. The company describes itself as: "Atmus is one of the global leaders of filtration products for on-highway commercial vehicles and off-highway agriculture, construction, mining and power generation vehicles and equipment.Atmus Filtration Technologies Inc., headquartered in Nashville, Tennessee, filed paperwork Tuesday with the U.S. Securities and Exchange Commission to be listed on the New York Stock Exchange ...Advertisement Having an IPO doesn't mean free money for the company. Otherwise, everyone would have an IPO. There are drawbacks that come with the new capital raised through an IPO. The most obvious cost of having an IPO is the expense. It ...Atmus Filtration Technologies sold 14.1 million shares at $19.5 a piece, the company said in a press release. The company had previously guided the IPO could be priced at between $18 and $21 per ...Feb 23, 2023 · A Quick Take On Atmus Filtration Technologies. Atmus Filtration Technologies Inc. (NYSE:ATMU) has filed to raise $100 million in an IPO of its common stock, according to an S-1 registration statement.

May 16, 2023 · Cummins unit Atmus Filtration to offer 14.1 million shares in IPO, priced at $18 to $21 each Published: May 16, 2023 at 8:26 a.m. ET

May 30, 2023 · NASHVILLE, Tenn.-- ( BUSINESS WIRE )--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, today announced the closing of its initial public offering ... Initial public offerings have been around for centuries – every company with shares that are publicly traded on the stock market had an IPO at one point. Find out what an IPO is and how it makes people rich. Advertisement What investor does...Atmus Filtration Technologies Inc. (1921963) SEC Filing S-1 IPO Report. Home. SEC Filings. Atmus Filtration Technologies Inc. S-1 IPO Report Tue Feb 21 2023; SEC Filings. ... View differences made from one to another to evaluate Atmus Filtration Technologies Inc.'s financial trajectory. Sample 10-K Year-over-Year (YoY) Comparison ...According to IPO Renaissance Capital, Atmus seeks to raise $275 million through the distribution of 14.1 million shares. The estimated per-share price spectrum ranges from $18 to $21. At the ...In connection with its IPO, Atmus began trading on the New York Stock Exchange under the ticker symbol “ATMU” on 26 May 2023. Atmus is a global leader in filtration and media solutions. Cummins remains a global power leader of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions.NASHVILLE, Tenn., May 26, 2023--Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced the pricing of its initial public ...Company profile for Atmus Filtration Technologies Inc. (ATMU) with a description, list of executives, contact details and other key facts. ... IPO Price: $19.50: CIK Code: 0001921963: ISIN Number: US04956D1072: SIC Code: 3714: Latest SEC Filings. Date Type Title; Nov 3, 2023: 10-Q: Quarterly Report : Nov 3, 2023: 8-K:Atmus Filtration Technologies sold 14.1 million shares at $19.5 a piece, the company said in a press release. The company had previously guided the IPO could be priced at between $18 and $21 per ...Atmus Filtration Technologies Inc., the filtration business of Columbus-based Cummins Inc., is looking to raise more than $341 million in its proposed initial public offering. The company ...During the third quarter, Atmus repaid the $50 million borrowed under the Revolving Credit Facility at the May 30 IPO launch. Atmus now has full availability under the $400 million facility, and ...

The carved-out division, Atmus Filtration Technologies Inc, is seeking to raise about $275 million by signing up investors to the IPO on Thursday evening, before its shares start trading in New ...

This Recent IPO Has Held Up Well and Is My Stock of the Week...INMD Every week I look for a stock that has favorable technical conditions and may have a catalyst in the near term to help it move. This week my pick is InMode Ltd. (INMD) . In...

May 25, 2023 · NASHVILLE, Tenn.--(BUSINESS WIRE)-- Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced the pricing of its initial public offering (IPO) of 14,124,409 shares of its common stock owned by Cummins at a price to the public of $19.50 per share. Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, today announced the closing of its initial public offering (“IPO”) of 16,243,070 shares of its common stock at a price to the public of $19.50 per share, including the underwriters’ full exercise of their option to purchase 2,118,661 additional shares.0.00%. Nov. 09. Atmus Filtration Technologies Insider Bought Shares Worth $101,348, According to a Recent SEC Filing. MT. Nov. 03. Atmus Filtration Technologies Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023. CI. Summary. Quotes.Two small IPOs submitted initial filings. ... and Cummins spin-off Atmus Filtration . Holdover U Power (UCAR) plans to raise $18 million at a $368 million market cap in the coming week. The ...In 2021, the filtration business generated $1.4 billion in revenue, up 17% from the previous year. In comparison, Cummins’ filtration business generated about 6% of the company’s $24 billion ...Atmus Filtration Technologies Reports Third Quarter 2023 Results. Read More. 10/23/2023. Atmus Filtration Technologies to Announce Third Quarter 2023 …May 26, 2023 at 4:22 PM EDT. Cummins Inc. spinoff Atmus Filtration Technologies Inc. rose 11% in its trading debut after raising $275 million in an initial public offering priced in the middle of ...Atmus Filtration Technologies, the industrial and engine filtration business spun out of Cummins, announced terms for its IPO on Tuesday. The Nashville, TN-based company plans to raise $275 million by offering 14.1 million shares at a price range of $18 to $21.May 30, 2023. NASHVILLE, Tenn.-- (BUSINESS WIRE)-- Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, today announced …The IPO will offer 14,124,409 shares of Atmus common stock currently owned by Cummins, with a 30-day option for underwriters to purchase an additional 2,118,661 shares at the IPO price. Atmus ...

The IPO market had a strong finish to a volatile quarter, up +6.1% this week to trounce the S&P 500’s +3. ... with minor updates from Kenvue and Atmus Filtration Filtration. Take care,ATMUS FILTRATION 19.70 USD +0.87% CUMMINS INC 217.43 USD –0.73% Have a confidential tip for our reporters? Before it’s here, it’s on the Up Next Cummins Inc. spinoff Atmus Filtration...Atmus Filtration Technologies sold 14.1 million shares at $19.5 a piece, the company said in a press release. The company had previously guided the IPO could be priced at between $18 and $21 per ...(134) “IPO Disclosure Documents” shall mean the IPO Registration Statement and all exhibits thereto, any prospectuses, any current reports on Form 8-K and the registration statement on Form S-8 related to securities to be offered under Filtration’s employee benefit plans, in each case, as filed or furnished by Filtration with or to the ...Instagram:https://instagram. top salary ceotencent holdings ltd stockbloomingdales ceobest index funds that track the sandp 500 May 26, 2023 · Valuation & IPO Thoughts. Cummins was the 100% owner of Atmus pre the IPO. Some 14.1 million shares were offered at the offer price of $19.50 per share, in a $275 million IPO. Post the offering ... sezzle stockbanks with digital debit cards Atmus Filtration: First Reading Post IPO Looks Positive The Value Investor Sun, Sep. 17 Atmus Filtration Non-GAAP EPS of $0.63 beats by $0.15, revenue of $413.6M beats by $13.82M hang seng index etf Atmus’ ability to achieve the anticipated benefits of the IPO may be materially affected by such factors as changes to the business, results of operation or financial condition of Atmus, changes in the filtration industry, adverse market or macroeconomic conditions and other factors outside Atmus’ control.On the road again: Atmus Filtration Technologies Inc. (ATMU proposed), a spinoff from diesel engine manufacturer Cummins, jump-started the IPO market early today (Tuesday, May 16, 2023) by disclosing its IPO terms: 14.12 million shares at $18.00 to $21.00 to raise $275.43 million. The profitable company, whose products include fuel …