Deal Details

Arxis Completes Upsized $1.1 Billion Initial Public Offering

Industrial

Arxis initial public offering

Summary

Arxis, Inc. (“Arxis” or the “Company”), a portfolio company of Arcline Investment Management, recently announced the pricing of its upsized initial public offering of 40,500,000 shares of its Class A common stock at a public offering price of $28.00 per share (the “Offering”). The underwriters have been granted a 30-day option to purchase up to an additional 6,075,000 shares of Arxis’ Class A common stock.

The Offering generated approximately $1.1 billion in primary gross proceeds for Arxis. The Company intends to use the net primary proceeds for repayment of certain indebtedness and for working capital and other general corporate purposes.

Baird served as a Bookrunner on the Offering.

Key Offering Metrics

Pricing Date - April 15, 2026
Exchange / Ticker - NASDAQ / ARXS
Initial Filing Range - $25.00 - $28.00
Offer Price - $28.00
Base Offering Size - $1.1 billion (100% primary)
Overallotment Option - $170.1 million (100% primary)
Total Offering Size - $1.3 billion
Diluted Market Cap - $11.6 billion
Enterprise Value - $13.0 billion
Sponsor - Arcline Investment Management
Execution - 6-day roadshow
Cornerstone Investors - Capital International Investors, Capital Research Global Investors, Janus Henderson Investors and T. Rowe Price Investment Management, Inc. (up to an aggregate of $400.0 million in shares of Class A common stock)

About

Arxis is a leading designer and manufacturer of proprietary, mission-critical electronic and mechanical components for aerospace and defense, medical technology and specialized industrial markets. Leveraging significant intellectual property and world-class engineering and operational capabilities, Arxis designs and delivers innovative solutions that address its customers' most complex performance needs. Arxis is headquartered in Bloomfield, Connecticut.

Arcline Investment Management is a growth-oriented private equity firm with over $20 billion in assets under management. Arcline Investment Management seeks to build the next generation of Industrial Compounders—market-leading, non-disruptible industrial platforms designed to consistently grow earnings over decades. Arcline Investment Management is headquartered in Nashville, Tennessee.

Industrial

Arxis initial public offering