Redwire Corporation
Redwire Corporation Announces Redemption of Outstanding Warrants
Summary
On February 20, 2025, Redwire Corporation announced the redemption of all its outstanding warrants for $0.01 per warrant on March 24, 2025. The decision was made based on the Company's common stock price reaching $18.00 per share for 20 trading days within a 30-day period. Warrants may still be exercised until immediately before 5:00 p.m. New York City time on the redemption date, after which unexercised warrants will be void. The redemption is pursuant to the terms of the Warrant Agreement dated November 23, 2020.
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About Redwire Corporation
Redwire Corporation is a distinctive player in the aerospace and defense industry, specializing as a provider of mission-critical space solutions and components. The company's primary function is to innovate and deliver cutting-edge technologies that support satellite assembly, space exploration, and infrastructure development in the expanding commercial space industry. Redwire stands out for its comprehensive suite of offerings, ranging from advanced sensors and space antennas to deployable structures and in-space manufacturing capabilities. With a focus on servicing both governmental and commercial entities, Redwire Corporation plays a pivotal role in enhancing the reliability and efficiency of space operations. Since its formation, the company has become a crucial partner to established and emerging space enterprises, contributing to significant projects such as manned space missions and Earth observation satellites. Redwire's ongoing commitment to technological advancement positions it as a key contributor to the sustainability and growth of the space economy, fostering innovation and exploration beyond traditional frontiers.
Official SEC Documents
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