AE Industrial Partners Converts All Remaining Preferred Stock into Common Shares

Redwire Corporation disclosed that its investor, AE Industrial Partners (AEI), has voluntarily converted all of its remaining Series A Convertible Preferred Stock into common stock. This action simplifies the company's capital structure by eliminating the entire class of convertible preferred shares.

Key Details

• Conversion Terms: Based on a notice dated May 18, 2026, AEI converted its 46,505.13 preferred shares into 15,247,586 shares of Redwire common stock.
• Dividend Payment: The company settled all accrued and unpaid dividends on the preferred stock with a cash payment as part of the conversion.
• Capital Structure Impact: Following the conversion, there are no longer any shares of Convertible Preferred Stock outstanding.