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Redwire Prices Upsized $260 Million Stock Offering; Shares Down Pre-Bell
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Redwire Prices Upsized $260 Million Stock Offering; Shares Down Pre-Bell
Jun 17, 2025 5:28 AM

07:59 AM EDT, 06/17/2025 (MT Newswires) -- Redwire ( RDW ) said Tuesday it priced a public offering of about 15.5 million common shares at $16.75 each for roughly $260 million in gross proceeds.

The offering was upsized from a previously planned $200 million.

Underwriters have a 30-day overallotment option to buy up to 2.3 million additional shares.

The company expects the offering to close by Wednesday and plans to use the net proceeds for general corporate purposes, among other things.

Redwire ( RDW ) shares were down nearly 15% in recent premarket activity.

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