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  • 6/17/2025
Redwire Corp shares dropped 10.55% in after-hours trading Monday after the company announced a $200 million registered public stock offering, according to Benzinga. The offering includes a 30-day option for underwriters to purchase up to 15% more shares. Redwire plans to use proceeds for general corporate purposes, including growth initiatives, partial stock buybacks, and repayment of a seller note related to its recent acquisition of Edge Autonomy. The company closed that deal Friday, paying $160 million in cash and $765 million in stock. As of March 31, Redwire reported $89.2 million in total liquidity.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Redwire's shares dropped 10.55% at After Hours Trading Monday
00:06after the company announced a $200 million registered public stock offering,
00:10according to Benzinga.
00:11The offering includes a 30-day option for underwriters
00:13who purchased up to 15% more shares.
00:16Redwire plans to use proceeds for general corporate purposes,
00:19including growth initiatives, partial stock buybacks,
00:21and repayment of a seller note related to its recent acquisition of Edge Autonomy.
00:26The company closed that deal Friday, paying $160 million in cash
00:29and $765 million in stock.
00:31As of March 31st, Redwire reported $89.2 million in total liquidity.
00:37For all things money, visit Benzinga.com.

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