Atmus Filtration Technologies Inc.

Atmus Filtration Technologies Inc. (ATMU) priced its initial public offering on May 26, 2023 at $19.50 per share, and listed on NYSE. At the IPO price its market capitalization was about $1.62B. Goldman Sachs was lead-left underwriter, joined by J.P. Morgan, Baird and BofA Securities and others. Baker McKenzie advised the company and Simpson Thacher advised the underwriters.

Atmus Filtration Technologies Inc. designs and manufactures filtration products, mainly under the Fleetguard brand, for on-highway commercial vehicles and off-highway agriculture, construction, mining and power generation equipment. About 84% of its 2022 net sales came from the aftermarket and 16% from original equipment manufacturers.

Status

IPO

Ticker

ATMU

Exchange

NYSE

Priced

May 26, 2023

IPO price

$19.50

Market cap at IPO price

$1.62B

First filed

Feb 21, 2023

Underwriters

Goldman Sachs, J.P. Morgan, Baird, BofA Securities, Wells Fargo, HSBC, PNC, BTIG, ING, KeyBanc, Loop Capital and Siebert Williams Shank

Company counsel

Baker McKenzie

Underwriters' counsel

Simpson Thacher

Sector

Industrials & materials

Country / state

TN

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.