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8-K ·Filed Apr 17, 2026

MAIR

Madison Air Solutions Corp
NEUTRAL
Impact 6/10
Horizonweeks Processed6mo ago SEC0001193125-26-161509
Killer combo: Material agreement + unregistered equity (likely PIPE/convertible)
Actionable Insight • Neutral

The separation creates an independent MAIR with its own capital structure and strategic direction. The significant capital raised provides financial flexibility, but the stock's performance will now depend entirely on MAIR's standalone operations and market conditions for industrial equipment companies. Monitor upcoming earnings reports to assess execution of their independent business strategy.

DirectionNeutral
Confidencehigh
Horizonweeks
Final — all horizons settled through T+60d ⚠ clustered
MAIR ▲ +0.80% at T+60d
NEUTRAL call +0.80% · α vs SPY -5.98% · entry $33.66 → $33.93
Entry = T+0 close
Apr 17, 2026
via day close
T+1d
+0.42%
call +0.42% · α +1.07%
$33.80
settled 6mo ago
T+5d
+2.70%
call +2.70% · α +1.79%
$34.57
settled 6mo ago
T+20d
+13.96%
call +13.96% · α +9.76%
$38.36
settled 6mo ago
T+60d
+0.80%
call +0.80% · α -5.98%
$33.93
settled 3mo ago

Price Chart

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Executive Summary

Madison Air Solutions Corp (MAIR) completed its separation from Madison Industries and began trading as an independent public company. The 8-K filing formalizes agreements related to the separation, including tax matters, registration rights, and corporate governance. The company raised $2.16 billion through an IPO of 82.7 million shares at $27.00 per share, with an additional $335 million from a concurrent private placement to Holdings. This separation enables MAIR to operate independently with its own capital structure and strategic direction.

Key Financial Metrics

Deal Value
$2.5B
Deal Type
spin-off
Offering Size
$2.5B

Key Facts

  • MAIR completed separation from Madison Industries and began trading as independent public company
  • Raised $2.16 billion through IPO of 82.7 million shares at $27.00 per share
  • Additional $335 million raised through private placement of Class B shares to Holdings
  • Tax Matters Agreement establishes allocation of tax liabilities between MAIR and Madison Industries
  • Registration Rights Agreement grants Holdings and Kedge Investors significant registration rights

Financial Impact

Raised $2.5 billion total ($2.16B IPO + $335M private placement) at $27.00 per share

cashshares outstandingmarket capitalization

Risk Factors

  • Execution risk as newly independent company without parent company support
  • Potential customer or supplier relationship changes post-separation
  • Market volatility for newly public industrial companies

Market Snapshot

Exchange
NYSE
Sector
Industrial & Commercial Fans & Blowers & Air Purifing Equip

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001193125-26-161509
Document: ck0002098430-ex4_1.htm0001193125-26-161509
Document: ck0002098430-ex1_1.htm0001193125-26-161509
20 reports for MAIR
Performance horizon
50% Hit rate @ T+1 2 of 4 directional calls Went positive at some point 3 of 4 best @ T+5▲ +7.28%Jul 30, 2026
Filters
Rows
Reports for MAIR — sortable, filterable
TypeNow
Oct 22, 2026
5d ago
Press Release
NEUTRAL ★ 1/10
$23.08 $22.76▼ −1.39%▼ −0.86%$23.75 (+2.90%)
Oct 12, 2026
15d ago
Institutional Cluster
NEUTRAL ★ 4/10
$23.29 $24.08▲ +3.39%▲ +3.40%$23.75 (+1.98%)
Aug 27, 2026
8w ago
Insider Cluster
BULLISH ★ 7/10
$26.33 $26.40▲ +0.27%▲ +0.56%$23.75 (−9.80%)
Aug 25, 2026
9w ago
8-K
MIXED ★ 7/10
$27.99 $28.51▲ +1.86%▲ +1.84%$23.75 (−15.15%)
Aug 17, 2026
10w ago
8-K
BULLISH ★ 8/10
$29.57 $27.44▼ −7.20%▼ −6.53%$23.75 (−19.68%)
Jul 30, 2026
12w ago
8-K
BULLISH ★ 7/10
$29.14 $29.06▼ −0.27%▼ −0.98%$23.75 (−18.50%)
Jun 18, 2026
18w ago
3
NEUTRAL ★ 2/10
$38.13 $38.56▲ +1.13%▲ +1.44%$23.75 (−37.71%)
Jun 16, 2026
19w ago
8-K
NEUTRAL ★ 2/10
$38.15 $37.44▼ −1.86%▼ −0.61%$23.75 (−37.75%)
Jun 5, 2026
20w ago
8-K
NEUTRAL ★ 4/10
$40.14 $39.59▼ −1.37%▼ −1.60%$23.75 (−40.83%)
May 29, 2026
21w ago
Press Release
NEUTRAL ★ 2/10
$43.47 $43.86▲ +0.90%▲ +0.62%$23.75 (−45.36%)
Showing 10 of 20

US Market Status

Market Closed — Opens Wed (16h 22m)

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Report published Apr 17, 2026