shares of aersale corp were down about 12 to 1569 in premarket trading wednesday after the company said certain shareholders intend to launch an underwritten secondary offering of 4 million common stock shares the aviation products and services provider said wednesday morning that the secondary offering has been priced at 1550 a share the selling shareholders have offered underwriters a 30day option to buy an additional 600000 shares and will receive all proceeds of the offering aersale has also entered into a sharerepurchase agreement with the shareholders to buy back 15 million shares shares closed tuesday at 1775 roughly even with where they were a year ago after reaching a 52week low of 1278 in may and a 52week high of 2176 in september