Erickson Air-Crane Inc. said it lowered the estimated initial public offering price range to between $8.00 and $9.00 per share. The company is selling 4.8 million shares of its common stock.
Earlier, Erickson Air-Crane's expected public offering price range was to be between $13.00 and $15.00 per share. Previously, the company intended to sell 5.35 million shares of its common stock.
Currently, no public market exists for the shares. Erickson Air-Crane said it has applied to list its common stock on The NASDAQ Global Market under the symbol "EAC."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.