GMR Solutions Fall 11.9% on NYSE Debut

GMR Solutions opened at $13.50 on NYSE, 11.9% below its $15 offer price, valuing the firm at $3 billion.
The company sold about 31.9 million shares, raising $478.7 million in the IPO, far under the $22‑$25 marketed range.
GMR, created in 2018 from KKR‑owned Air Medical and American Medical Response, operates emergency medical services in roughly 1,400 U.S. counties.