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New Generation Aerospace, LLC, a ten percent owner of AIRO Group Holdings, Inc. (AIRO:AIRO), sold 405,634 shares of common stock on September 12, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at $17.39, for a total transaction value of $7,053,975. The stock currently trades at $19.83, with analysts setting price targets between $26 and $35, according to InvestingPro data.
Following the transaction, New Generation Aerospace, LLC directly owns 3,650,710 shares of AIRO Group Holdings, Inc. common stock. The company, currently valued at $638.75 million, maintains a FAIR financial health score based on InvestingPro’s comprehensive analysis.
The sale was executed pursuant to a Stock Repurchase Agreement dated September 7, 2025, between AIRO Group Holdings, Inc. and certain of its stockholders. The stock has shown significant price volatility, with a 17.38% decline over the past six months. Get access to 10+ additional exclusive ProTips and detailed insights with InvestingPro.
In other recent news, AIRO Group Holdings, Inc. announced the successful closure of its upsized public offering, raising $89.4 million in gross proceeds. The offering included the full exercise of the underwriters’ option to purchase an additional 630,000 shares. Earlier, the company had priced this upsized offering at $18.50 per share, initially expected to generate $77.7 million before expenses. AIRO Group also revealed plans to form a joint venture with Ukraine’s Nord Drone LLC to produce combat drones, aiming to deliver these technologies to the United States, Ukraine, and NATO countries. Additionally, the company is set to be included in the Russell 2000 and 3000 Indexes, a development it described as a significant milestone.
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