Latham & Watkins Advises on GMR Solutions Inc.’s US$978.7 Million IPO and Concurrent Private Placement

GMR Solutions Inc. (GMR), the nation’s largest provider of emergency medical services, has announced the pricing of an initial public offering of 31,914,893 shares of its Class A common stock at US$15 per share and a concurrent US$500 million private placement transaction. Shares of GMR’s Class A common stock began trading on the New York Stock Exchange on May 13, 2026, under the symbol GMRS, and the offering is expected to close on May 14, 2026, subject to customary closing conditions. GMR has granted the underwriters in the offering a 30‑day option to purchase up to an additional 4,787,233 shares of its Class A common stock to cover over‑allotments, if any.

Latham & Watkins LLP represents the underwriters in the IPO with a Capital Markets team led by partners Ian Schuman, Michael Benjamin, and Kaj Nielsen, with associates Emma Gilmore and Yarden Wulkan Rozenman.* Advice was also provided on financial regulatory matters by partner Gail Neely, with corporate attorney Edyta Hannas; on tax matters by partner Rene de Vera, with associate Jay Khurana; on healthcare matters by partner Betty Pang, with associate Margaret Rote; and on data privacy and cybersecurity matters by partner Heather Deixler, with associate Kathryn Parsons‑Reponte.

*Admitted to practice in Israel only.