GMR Solutions launches IPO, offering 31.9M shares priced $22-$25 each on NYSE.

GMR Solutions Inc. has announced the launch of its initial public offering (IPO), offering 31,914,893 shares of Class A common stock priced between $22.00 and $25.00 per share. The company plans to list its shares on the New York Stock Exchange under the ticker symbol "GMRS." Proceeds from the IPO will be used to redeem Series B preferred stock and repay part of its outstanding loans. GMR is the largest emergency medical services provider in the U.S., serving over 60% of the population with both air and ground EMS services across about 1,400 counties.