Loar Holdings, LLC Files S-1 Registration Statement

TL;DR

<b>Loar Holdings, LLC has filed an S-1 registration statement for an upcoming public offering.</b>

AI Summary

Loar Holdings, LLC (LOAR) filed a IPO Registration (S-1) with the SEC on April 2, 2024. Loar Holdings, LLC is filing an S-1 registration statement with the SEC. The company plans to convert from an LLC to a corporation named Loar Holdings Inc. The filing is for a proposed sale of securities to the public. The company is incorporated in Delaware and headquartered in White Plains, NY. The SIC code for the company is 3728 (Aircraft Part & Auxiliary Equipment, NEC).

Why It Matters

For investors and stakeholders tracking Loar Holdings, LLC, this filing contains several important signals. This S-1 filing indicates Loar Holdings is preparing for an Initial Public Offering (IPO), allowing public investors to participate in the company's growth. The conversion to a corporation (Loar Holdings Inc.) is a standard step in the IPO process, preparing the legal structure for public ownership.

Risk Assessment

Risk Level: low — Loar Holdings, LLC shows low risk based on this filing. The filing is an S-1 registration statement, which is a preliminary step before an IPO and does not contain detailed financial performance or operational data that would indicate immediate risk.

Analyst Insight

Monitor future filings for detailed financial information and the IPO prospectus to assess investment potential.

Key Numbers

• 3728 — SIC Code (Aircraft Part & Auxiliary Equipment, NEC)
• DE — State of Incorporation (Delaware)
• 1231 — Fiscal Year End (December 31)
• 333-278475 — SEC File Number (Registration Statement)

Key Players & Entities

• Loar Holdings, LLC (company) — Registrant
• Loar Holdings Inc. (company) — Name after conversion
• Dirkson Charles (person) — President, Chief Executive Officer and Executive Co-Chairman
• Sean T. Peppard (person) — Copy to counsel
• Aslam A. Rawoof (person) — Copy to counsel
• Michael Manella (person) — Vice President, General Counsel and Secretary
• Craig E. Marcus (person) — Copy to counsel
• Tara Fisher (person) — Copy to counsel

FAQ

Industry Context

Loar Holdings operates in the aerospace parts and auxiliary equipment manufacturing sector.

Regulatory Implications

The S-1 filing is a regulatory requirement under the Securities Act of 1933 for companies intending to offer securities to the public.

What Investors Should Do

1. Review the full S-1 filing for detailed business description and risk factors.
2. Track subsequent SEC filings (e.g., 424B4 prospectus) for offering details and pricing.
3. Analyze the company's financial performance and market position once more data becomes available.

Key Dates

• 2024-04-02: S-1 Filing Date — Indicates the company is moving forward with its public offering plans.

Year-Over-Year Comparison

This is the initial S-1 filing, so there is no prior filing to compare against for 'vs last filing' data.

Key Financial Figures

• $0.01 — sion. 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, repre

Filing Documents

• d551112ds1.htm (S-1) — 1617KB
• d551112dex31.htm (EX-3.1) — 40KB
• d551112dex32.htm (EX-3.2) — 125KB
• d551112dex101.htm (EX-10.1) — 1015KB
• d551112dex102.htm (EX-10.2) — 39KB
• d551112dex103.htm (EX-10.3) — 189KB
• d551112dex104.htm (EX-10.4) — 24KB
• d551112dex105.htm (EX-10.5) — 120KB
• d551112dex106.htm (EX-10.6) — 118KB
• d551112dex107.htm (EX-10.7) — 119KB
• d551112dex108.htm (EX-10.8) — 120KB
• d551112dex211.htm (EX-21.1) — 16KB
• d551112dex231.htm (EX-23.1) — 1KB
• d551112dex991.htm (EX-99.1) — 2KB
• d551112dex992.htm (EX-99.2) — 2KB
• d551112dex993.htm (EX-99.3) — 2KB
• d551112dex994.htm (EX-99.4) — 2KB
• d551112dex995.htm (EX-99.5) — 2KB
• d551112dex996.htm (EX-99.6) — 2KB
• d551112dex997.htm (EX-99.7) — 2KB
• d551112dex998.htm (EX-99.8) — 2KB
• d551112dex999.htm (EX-99.9) — 2KB
• d551112dex9910.htm (EX-99.10) — 2KB
• d551112dexfilingfees.htm (EX-FILING FEES) — 33KB
• g551112g01a99.jpg (GRAPHIC) — 300KB
• g551112g01p15.jpg (GRAPHIC) — 84KB
• g551112g13k21.jpg (GRAPHIC) — 139KB
• g551112g15d39.jpg (GRAPHIC) — 97KB
• g551112g15p01.jpg (GRAPHIC) — 76KB
• g551112g33p68.jpg (GRAPHIC) — 259KB
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• g551112g46j76.jpg (GRAPHIC) — 156KB
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• g551112g92d92.jpg (GRAPHIC) — 292KB
• g551112g93d38.jpg (GRAPHIC) — 262KB
• g551112g97b99.jpg (GRAPHIC) — 104KB
• 0001193125-24-084921.txt (&nbsp;) — 6419KB

Risk Factors

Risk Factors 21 Cautionary Note Regarding Forward-Looking Statements 45

Use of Proceeds

Use of Proceeds 47 Dividend Policy 48 Corporate Conversion 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 69 Management 80

Executive Compensation

Executive Compensation 88 Certain Relationships and Related Party Transactions 94 Principal Stockholders 98

Description of Capital Stock

Description of Capital Stock 101 Shares Eligible for Future Sale 108 Certain United States Federal Income Tax Consequences to Non-U.S. Holders 110

Underwriting

Underwriting 115 Legal Matters 127 Experts 127 Where You Can Find More Information 127 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 filing on SEC EDGAR