ADS Tactical (ADSI) Sees IPO Price of $16 - $18/Share

July 18, 2011 11:48 AM EDT
ADS Tactical, Inc. (NYSE: ADSI), filed an amended registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. ADS Tactical plans to sell 12 million shares and sees an offering price of $16 - $18 per share. ADS Tactical filed to list its shares on the New York Stock Exchange under the ticker "ADSI."

The offering is being made through J.P. Morgan, Morgan Stanley, Wells Fargo Securities Baird, BB&T Capital Markets, William Blair & Company, and Cowen and Company.

ADS Tactical is a provider of value-added logistics and supply chain solutions specializing in tactical and operational equipment.


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