financetom
Business
financetom
/
Business
/
Redwire Amends Deal for Edge Autonomy Intermediate Acquisition; Shares Rise
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Redwire Amends Deal for Edge Autonomy Intermediate Acquisition; Shares Rise
Jun 9, 2025 7:09 AM

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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--Yum China Reaffirms Plan for $1.5 Billion of Quarterly Cash Dividends, Share Repurchases in Fiscal 2024
--Yum China Reaffirms Plan for $1.5 Billion of Quarterly Cash Dividends, Share Repurchases in Fiscal 2024
Apr 29, 2024
05:13 PM EDT, 04/29/2024 (MT Newswires) -- Price: 40.15, Change: +0.11, Percent Change: +0.27 ...
Rtx Insider Sold Shares Worth $9,105,531, According to a Recent SEC Filing
Rtx Insider Sold Shares Worth $9,105,531, According to a Recent SEC Filing
Apr 29, 2024
05:13 PM EDT, 04/29/2024 (MT Newswires) -- Gregory Hayes, Director, Chairman and CEO, on April 25, 2024, sold 89,762 shares in Rtx (RTX) for $9,105,531. Following the Form 4 filing with the SEC, Hayes has control over a total of 654,335 shares of the company, with 636,759 shares held directly and 17,576 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/101829/000122520824005339/xslF345X03/doc4.xml ...
Yum China Q1 Adjusted Earnings, Revenue Rise
Yum China Q1 Adjusted Earnings, Revenue Rise
Apr 29, 2024
05:12 PM EDT, 04/29/2024 (MT Newswires) -- Yum China ( YUMC ) reported Q1 adjusted earnings late Monday of $0.71 per diluted share, up from $0.69 a year earlier. Analysts polled by Capital IQ expected $0.65. Revenue for the quarter that ended March 31 was $2.96 billion, up from $2.92 billion a year earlier. Analysts surveyed by Capital IQ expected...
GeneDx Stock Climbs After Better-Than-Expected Q1 Results, Raises FY24 Guidance
GeneDx Stock Climbs After Better-Than-Expected Q1 Results, Raises FY24 Guidance
Apr 29, 2024
GeneDx Holdings Corp. ( WGS ) shares are soaring after the company reported its first-quarter financial results after the bell Monday. Here's a look at the highlights.  The Details: GeneDx ( WGS ) reported quarterly losses of 33 cents per share which beat the analyst consensus estimate of losses of 67 cents by 50.75%. The company reported quarterly sales of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved