MIAMI (June 20, 2025) – Holland & Knight advised Redwire Corporation (NYSE: RDW), a global leader in aerospace and defense technology solutions, on its $260 million underwritten registered public offering of common stock, which was upsized from $200 million. The offering closed on June 18.
Redwire intends to use the net proceeds from the offering for the repayment of the previously disclosed seller note issued in connection with its $925 million acquisition of Edge Autonomy Intermediate Holdings LLC on June 13. The company will also use the funds for general corporate purposes, including adding cash to the company's balance sheet to fund growth and the repurchase of a portion of Redwire's convertible preferred stock pursuant to the previously disclosed limited repurchase right.
J.P. Morgan, BofA Securities and Morgan Stanley acted as lead bookrunning managers, and Texas Capital Securities, Truist Securities and Roth Capital Partners acted as joint bookrunning managers for the offering. Redwire granted the underwriters a 30-day option to purchase an additional amount of shares of common stock equal to 15 percent of its common stock sold in the public offering.
Headquartered in Jacksonville, Florida, Redwire is an integrated aerospace and defense company focused on advanced technologies. Redwire's approximately 1,300 employees located throughout the United States and Europe are committed to delivering innovative space and airborne platforms transforming the future of multi-domain operations.
Holland & Knight Partners Robin Feiner, Ivan Colao and Ira Rosner led the Firm's representation of Redwire, along with Partner Allison O'Garrow and Associates Elliott Blue, Jordan Castroverde, Gabby Engel, Craig Johnson and Travis Michaud (Capital Markets). They were assisted by Partners Tim Kobes and Jeremy Burkhart and Associates Angela Jimenez and Roza Sheffield (Government Contracts); Partner Ronald Oleynik and Associate Caroline Howard (International Trade); and Senior Counsel Kevin Angle and Associate Ashley Fisher (Data Privacy).
More information on the transaction can be found here.