Intrepid Aviation Limited Files for a Possible Initial Public Offering of Its Common Shares

Intrepid Aviation Limited, a Bermuda exempted company, announced today that it has confidentiality submitted a draft registration statement to the U.S. Securities and Exchange Commission for a possible initial public offering of its common shares. The number of shares of common stock to be sold and the price range for the proposed offering has not yet been determined. The proposed offering is expected to commence after the U.S. Securities and Exchange Commission completes its review process, subject to market conditions and other conditions.

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