Corporate ActionApr 27, 2026, 06:57 AM
HAWK Files S-1/A for IPO of 16M Shares at $24-26; Reports 2025 Net Income $2.7M
AI Summary
HawkEye 360, Inc. filed an S-1/A for its initial public offering of 16,000,000 shares of common stock, with an estimated price range of $24.00 to $26.00 per share. The company also reported a funded backlog of $302.7 million and net income of $2.7 million for the year ended December 31, 2025. This follows the acquisition of Innovative Signal Analysis, Inc. in December 2025, enhancing its signal processing capabilities and market reach.
Key Highlights
- Initial public offering of 16,000,000 common shares.
- Estimated IPO price range: $24.00 to $26.00 per share.
- Underwriters' option to purchase up to 2,400,000 additional shares.
- Completed acquisition of Innovative Signal Analysis, Inc. in Dec 2025.
- Funded backlog of $302.7 million as of Dec 31, 2025.
- Net income of $2.7 million for the year ended Dec 31, 2025.
- Adjusted EBITDA of $24.8 million for the year ended Dec 31, 2025.
- Global RF spectrum exploitation market $24B (Oct 2025).