Redwire Corporation has entered into an Equity Distribution Agreement to sell, from time to time, shares of its common stock with an aggregate gross sales price of up to $500 million. This at-the-market (ATM) offering program allows the company to raise capital opportunistically.
Key Details
- Offering Size: The agreement allows for the sale of common stock with an aggregate gross sales price of up to $500 million.
- Use of Proceeds: Net proceeds are intended for working capital, general corporate purposes, potential debt repayment, strategic acquisitions or investments, and research and development activities.
- Agent & Commission: A syndicate of agents, including Truist Securities and J.P. Morgan, will facilitate the sales for a commission of up to 3% of the gross sales price.
- Prior Agreement Terminated: In connection with the new program, Redwire terminated its previous Equity Distribution Agreement dated May 6, 2026, without penalty.