Mesa Air Group prices IPO

Mesa Air Group priced its initial public offering (IPO) of 9,630,000 shares of its common stock, at a public offering price of $12.00 per share. There is also a 30-day over-allotment option to purchase up to an additional 1,444,500 shares of the company’s common stock. If the overallotment option is exercised in full, 777,833 shares will be purchased directly from the Company, and 666,667 shares will be purchased directly from the selling shareholders. Shares of the common stock are expected to begin trading on the Nasdaq Global Market today on August 10, 2018 under the ticker symbol “MESA.” The offering