Loar Holdings Inc. Files Amendment to S-1 Registration Statement

TL;DR

<b>Loar Holdings Inc. has filed an amendment to its S-1 registration statement, indicating progress towards a public offering.</b>

AI Summary

Loar Holdings, LLC (LOAR) filed a Amended IPO Registration (S-1/A) with the SEC on April 17, 2024. Loar Holdings Inc. filed an amendment to its S-1 registration statement on April 17, 2024. The company is incorporated in Delaware and its principal executive offices are located at 20 New King Street, White Plains, NY. Dirkson Charles is listed as President, Chief Executive Officer, and Executive Co-Chairman. The filing is designated as a non-accelerated filer and an emerging growth company. The registration statement number is 333-278475.

Why It Matters

For investors and stakeholders tracking Loar Holdings, LLC, this filing contains several important signals. This amendment signifies a step closer to Loar Holdings Inc. becoming a publicly traded company, which could impact its capital structure and investor base. The filing provides updated information for potential investors regarding the company's structure, key personnel, and regulatory status.

Risk Assessment

Risk Level: low — Loar Holdings, LLC shows low risk based on this filing. The filing is an S-1/A amendment, which is a routine step in the IPO process and does not contain significant new financial or operational information that would alter the risk profile.

Analyst Insight

Monitor future filings for the effectiveness of the registration statement and details of the proposed public offering.

Executive Compensation

Key Numbers

• 333-278475 — SEC File Number (Registration Statement Number)
• 2024-04-17 — Filing Date (Date of filing the amendment)
• 1231 — Fiscal Year End (Company's fiscal year end)
• DE — State of Incorporation (Jurisdiction of incorporation)

Key Players & Entities

• Loar Holdings Inc. (company) — Registrant
• 2024-04-17 (date) — Filing Date
• 333-278475 (registration_number) — SEC File Number
• Dirkson Charles (person) — President, Chief Executive Officer and Executive Co-Chairman
• 20 New King Street, White Plains, New York 10604 (address) — Principal executive offices
• Delaware (jurisdiction) — State of incorporation
• 1933 Act (regulation) — SEC Act
• 0001193125-24-098495 (accession_number) — Accession Number

FAQ

Risk Factors

• Registration Statement Filing [low — regulatory]: The filing is an amendment to a registration statement (S-1/A), which is a standard procedural step in the IPO process.

Industry Context

Loar Holdings Inc. operates in the Aircraft Part & Auxiliary Equipment, NEC industry (SIC code 3728).

Regulatory Implications

The filing is made under the Securities Act of 1933, which governs the registration of securities offered to the public.

What Investors Should Do

1. Review the full S-1/A filing for any substantive changes or new disclosures.
2. Track the SEC's review process and any subsequent amendments.
3. Monitor for the declaration of effectiveness of the registration statement, signaling readiness for the IPO.

Key Dates

• 2024-04-17: Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT — Update to the company's registration for a public offering.

Year-Over-Year Comparison

This is an amendment (S-1/A) to a previously filed registration statement, indicating ongoing procedural steps for an initial public offering.

Key Financial Figures

• $24.00 — ice of our common stock will be between $24.00 and $26.00 per share. We have applied t
• $26.00 — common stock will be between $24.00 and $26.00 per share. We have applied to list our
• $0.01 — ries. Shares of common stock, par value $0.01 per share, of Loar Holdings Inc. are be
• $317 million — inorganically. In 2023, we generated $317 million in net sales. Since the inception of ou
• $5 million — e generated a GAAP reported net loss of $5 million in 2023 and $113 million in Adjusted EB
• $113 million — rted net loss of $5 million in 2023 and $113 million in Adjusted EBITDA in 2023, representin
• $6 million — rgin. Including one-time investments of $6 million related to the relocation of a manufact
• $12 million — n of a new factory in 2023, we invested $12 million in capital expenditures in 2023. Our hi

Filing Documents

• d551112ds1a.htm (S-1/A) — 1639KB
• d551112dex11.htm (EX-1.1) — 196KB
• d551112dex31.htm (EX-3.1) — 41KB
• d551112dex32.htm (EX-3.2) — 124KB
• d551112dex51.htm (EX-5.1) — 29KB
• d551112dex103.htm (EX-10.3) — 64KB
• d551112dex104.htm (EX-10.4) — 54KB
• d551112dex1011.htm (EX-10.11) — 102KB
• d551112dex1012.htm (EX-10.12) — 38KB
• d551112dex1013.htm (EX-10.13) — 72KB
• d551112dex211.htm (EX-21.1) — 16KB
• d551112dex231.htm (EX-23.1) — 1KB
• d551112dexfilingfees.htm (EX-FILING FEES) — 30KB
• g551112g01a99.jpg (GRAPHIC) — 300KB
• g551112g01p15.jpg (GRAPHIC) — 84KB
• g551112g13k21.jpg (GRAPHIC) — 76KB
• g551112g15d39.jpg (GRAPHIC) — 97KB
• g551112g15p01.jpg (GRAPHIC) — 76KB
• g551112g33p68.jpg (GRAPHIC) — 259KB
• g551112g39f11.jpg (GRAPHIC) — 48KB
• g551112g46j76.jpg (GRAPHIC) — 156KB
• g551112g69l16.jpg (GRAPHIC) — 255KB
• g551112g92d92.jpg (GRAPHIC) — 292KB
• g551112g93d38.jpg (GRAPHIC) — 262KB
• g551112g97b99.jpg (GRAPHIC) — 104KB
• 0001193125-24-098495.txt (&nbsp;) — 5137KB

Risk Factors

Risk Factors 22 Cautionary Note Regarding Forward-Looking Statements 46

Use of Proceeds

Use of Proceeds 48 Dividend Policy 49 Capitalization 50

Managements Discussion and Analysis of Financial Condition and Results of

Managements Discussion and Analysis of Financial Condition and Results of Operations 54

Business

Business 68 Management 79

Executive Compensation

Executive Compensation 87 Certain Relationships and Related Party Transactions 92 Principal Stockholders 96

Description of Capital Stock

Description of Capital Stock 99 Shares Eligible for Future Sale 106 Certain United States Federal Income Tax Consequences to Non-U.S. Holders 108

Underwriting

Underwriting 113 Legal Matters 125 Experts 125 Where You Can Find More Information 125 Index to Consolidated Financial Statements F-1 Through and including the 25th day after the date of this prospectus, all dealers that effect transactions in these shares of common stock, whether or not participating in this offering, may be required to deliver a prospectus. This is in addition to the dealers obligations to deliver a prospectus when acting as underwriters and with respect to their unsold allotments or subscriptions. You should rely only on the information contained in this prospectus or in any free writing prospectus we may authorize to be delivered or made available to you. Neither we nor the underwriters have authorized anyone to provide you with different information. Neither we nor any of the underwriters take any responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. The information in this prospectus is accurate only as of the date of this prospectus, regardless of the time of delivery of this prospectus, or any free writing prospectus, as the case may be, or any sale of shares of our common stock. Our business, results of operations and financial condition may have changed since such date. For investors outside the United States: we are offering to sell, and seeking offers to buy, shares of our common stock only in jurisdictions where offers and sales are permitted. Neither we nor any of the underwriters have done anything that would permit this offering or possession or distribution of this prospectus in any jurisdiction where action for that purpose is required, other than in the United States. Persons outside the United States who come into possession of this prospectus must inform themselves about, and observe any restrictions relating to, the offering of the shares of common stock and the distribution of this prospectus outside the United States. i Table of C

View Full Filing

View this S-1/A filing on SEC EDGAR