04 Nov 2025

"BETA Technologies Announces Upsized IPO and NYSE Listing Under Ticker 'BETA'"

"Kirkland & Ellis advised BETA Technologies, an electric aerospace company, on its upsized initial public offering of 29.85 million shares of Class A common stock at $34 per share. The shares will trade on the New York Stock Exchange under the ticker symbol "BETA" starting November 4, 2025, with the offering expected to close on November 5, 2025."

Kirkland & Ellis advised BETA Technologies, Inc., an electric aerospace company, on its upsized initial public offering. The transaction involved BETA Technologies offering 29,852,941 shares of its Class A common stock at a public offering price of $34.00 per share, with an additional 30-day option for underwriters to purchase up to 4,477,941 shares. The shares are expected to trade on the New York Stock Exchange under the ticker symbol “BETA” starting November 4, 2025, with the offering set to close on November 5, 2025, subject to customary closing conditions. The Kirkland & Ellis team included capital markets lawyers Matt Pacey, Jennifer Wu, Erin Meziere, Sarah Yang, Cassie Cox, Alex Saenz, Kyle Sledge, and Kristin Kluding; corporate lawyers Christopher Burwell, David Feirstein, Adam Phillips, Ravi Agarwal, Mohammed Banjari, and Siddharth Rai; executive compensation lawyers Michael Krasnovsky, Steph Matko, and Shana J. Krauss; and tax lawyers Devin Heckman and Nithya Sheshadri.
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