05:04 PM EDT, 06/16/2025 (MT Newswires) -- Redwire ( RDW ) said late Monday it launched a $200 million common stock offering and expects to grant underwriters a 30-day option to buy up to 15% additional shares.

Proceeds will be used for general corporate purposes, including growth funding, repurchasing convertible preferred stock, and repaying a seller note tied to its acquisition of Edge Autonomy Intermediate.

Shares of Redwire ( RDW ) slumped more than 11% in after-hours activity.