09:55 AM EDT, 06/09/2025 (MT Newswires) -- Redwire ( RDW ) shares were up Monday after the company said it amended a deal for the acquisition of Edge Autonomy Intermediate to reflect an increased cash consideration.
The company said the $925 million deal now comprises $160 million in cash and $765 million in Redwire ( RDW ) shares, compared with the previous deal's $150 million in cash and about $775 million in shares at $15.07 per share.
According to Redwire ( RDW ), the amended deal also provides for the inclusion of a $100 million unsecured promissory note with cash consideration, to be issued by a Redwire ( RDW ) unit at closing.
Redwire ( RDW ) said its board recommended that shareholders approve the amended agreement at an upcoming special meeting.
Price: 20.43, Change: +1.99, Percent Change: +10.79