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BRIEF-Redwire Announces Acquisition Of Edge Autonomy For $925 Million
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BRIEF-Redwire Announces Acquisition Of Edge Autonomy For $925 Million
Jan 20, 2025 3:59 PM

Jan 20 (Reuters) - Redwire Corp ( RDW ):

* REDWIRE ANNOUNCES ACQUISITION OF EDGE AUTONOMY;

TRANSFORMATIONAL

TRANSACTION CREATES A MULTI-DOMAIN, SCALED AND PROFITABLE SPACE

AND DEFENSE TECH COMPANY

* REDWIRE CORP ( RDW ) - TO ACQUIRE EDGE AUTONOMY FOR $925 MILLION

* REDWIRE CORP ( RDW ) - TRANSACTION EXPECTED TO BE IMMEDIATELY

ACCRETIVE

TO REVENUE, EBITDA, AND FREE CASH FLOW

* REDWIRE CORP ( RDW ) - COMBINED COMPANY FORECASTS 2025 REVENUES OF

$535M-$605M, EBITDA OF $70M-$105M

* REDWIRE ( RDW ): TO PAY PURCHASE PRICE FOR DEAL IN COMBINATION OF

$150

MILLION IN CASH & $775 MILLION IN SHARES OF CO'S COMMON STOCK

ISSUED AT $15.07

Source text:

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