15 June 2023
Cummins Inc (NYSE: CMI) recently completed the IPO of Atmus Filtration Technologies Inc.
Cummins sold 16.24 milion shares and the initial public offering was priced at $19.5 per share.
Shares of Atmus’ common stock began trading on the New York Stock Exchange under the symbol “ATMU” on May 26, 2023.
More, Source: Company’s Press Release
About us
Etalon Capital provides independent research with a focus on event-driven strategy and value equities to institutional investors. Events include mergers and acquisitions, spin-offs, activist investors, IPOs, SPACs, share buybacks, significant corporate transactions, and special situations. These are diversified by risk/return profiles, with an emphasis on value investing principles. We generate an edge with a unique research process, combining value, focus on corporate events and story investing principles