Latham & Watkins Advises on AIRO Group Holdings, Inc.’s Upsized Public Offering of Common Stock

AIRO Group Holdings, Inc. (AIRO), has announced the pricing of its upsized underwritten public offering of 4,200,000 shares of its common stock at a public offering price of US$18.50 per share. The gross proceeds to AIRO from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by AIRO, are expected to be US$77.7 million. AIRO granted the underwriters a 30-day option to purchase up to an additional 630,000 shares of its common stock. The offering is expected to close on or about September 12, 2025, subject to the satisfaction of customary closing conditions.

Latham & Watkins LLP advised the underwriters in the transaction with a corporate team led by Chicago partners Christopher Lueking and Jonathan Sarna, with associates KC Sands, Chelsea Carlson, Teddy Finneran, and Caroline Hughes. Advice was also provided on tax matters by Chicago partner Rene de Vera, with associate Valerie Silva Parra.