Corporate ActionMay 28, 2026, 11:21 PM
Firefly Aerospace Prices Public Offering of 12M Shares at $48.00
AI Summary
Firefly Aerospace announced the pricing of its public offering of 12,000,000 shares of common stock at $48.00 per share, totaling $576 million. The offering includes 4,000,000 shares from the company and 8,000,000 shares from certain selling stockholders. The selling stockholders also granted underwriters an option to purchase up to an additional 1,800,000 shares. Firefly intends to use its net proceeds for general corporate purposes, including supporting business growth and recently awarded programs, and will not receive proceeds from the shares sold by selling stockholders. The offering is expected to close on June 1, 2026.
Key Highlights
- Firefly Aerospace priced its public offering of 12,000,000 common shares at $48.00 per share.
- The offering includes 4,000,000 shares from Firefly and 8,000,000 from selling stockholders.
- The total value of the offering is $576,000,000 based on the initial 12M shares.
- Selling stockholders granted underwriters a 30-day option for 1,800,000 additional shares.
- Firefly will use its net proceeds of $192,000,000 for general corporate purposes and growth.
- Firefly will not receive any proceeds from the shares sold by selling stockholders.
- The offering is expected to close on June 1, 2026.
Price Impact
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