10:11 AM EDT, 08/07/2025 (MT Newswires) -- Firefly Aerospace ( FLY ) said late Wednesday it has priced its initial public offering of nearly 19.3 million shares at $45 per share.

Its underwriters, including Goldman Sachs, JPMorgan, Jefferies, and Wells Fargo Securities, were granted a 30-day option to buy about 2.9 million additional shares, the company said.

The shares are expected to start trading on Nasdaq on Thursday, the company said, adding the IPO is expected to close Friday.

Net proceeds from the offering will be used to repay debt, pay dividends on some series of preferred stock, and for general corporate purposes, Firefly said.