INNIO Group, a global distributed energy solutions provider, has announced the pricing of its upsized initial public offering of 90 million common shares at a public offering price of $27 per share. The 90 million share offering represents a 15 million share upsize to the originally proposed 75 million share offering. The offering consists entirely of secondary shares to be sold by the sole selling shareholder. INNIO is not offering any common shares in the proposed offering and will not receive any proceeds from the proposed sale of the shares.
The shares are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol "INIO” on June 4, 2026. The offering is expected to close on June 5, 2026, subject to customary closing conditions. In addition, the selling shareholder granted the underwriters an option to purchase up to an additional 13.5 million common shares from the selling shareholder at the IPO price, less underwriting discounts and commission