Ride the AI infrastructure wave to go public! Innio (INIO.US) IPO priced at $24-27 per share, with a valuation of $19.2 billion, exceeding expectations.

Zhito Finance APP learned that gas engine and power system manufacturer Innio Holding (INIO.US) announced the terms of its initial public offering (IPO) on Tuesday. The company, headquartered in Munich, Germany, plans to raise $1.9 billion by issuing 75 million shares of stock (100% secondary offering) at a price range of $24 to $27 per share. Based on the mid-range of the issuance price range, Innio's fully diluted market value will reach $19.2 billion, exceeding market expectations.