HAMILTON, Bermuda--(BUSINESS WIRE)--Intrepid Aviation Limited, a Bermuda exempted company, announced today that it has confidentially submitted a draft registration statement to the U.S. Securities and Exchange Commission for a possible initial public offering of its common shares. The number of shares of common stock to be sold and the price range for the proposed offering has not yet been determined. The proposed offering is expected to commence after the U.S. Securities and Exchange Commission completes its review process, subject to market conditions and other conditions.
This announcement is being made in accordance with Rule 135 under the U.S. Securities Act of 1933. As required by Rule 135, this press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.
Forward-Looking Information and Statements
This news release contains certain forward-looking information and statements (collectively referred to herein as "forward-looking statements") within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking statements. The forward-looking statements contained in this news release speak only as of the date of this news release, and Intrepid Aviation Limited does not assume any obligation to publicly update or revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.