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Beta Technologies celebrates initial public offering

NEW YORK (WCAX) – Beta Technologies is celebrating its initial public offering.

The South Burlington electric aircraft startup is debuting on the NYSE on Tuesday.

Beta raised more than $1 billion by offering nearly 30 million shares.

It will trade under the ticker symbol BETA on the New York Stock Exchange.

Shares are expected to start trading after the company announced the final pricing of its Initial Public Offering on Monday at $34 per share. The offer price range per share had been set at $27-$33.

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