V2X secondary offering of 2M shares; selling shareholder loses governance rights

V2X, Inc.

Selling shareholder Vertex Aerospace Holdco sold 2,000,000 shares; V2X repurchased 200,000 shares at same price.
Post-offering, selling shareholder owns ~32.3% of V2X common stock (31.1% for shareholder agreement).
Two designated directors must resign by 2026 annual meeting; shareholder loses certain consent rights.
Selling shareholder can designate only one director per committee; loses consent over major corporate actions above thresholds.
Shareholder no longer has consent over CEO/CFO termination or hiring, capital issuances >10%, buybacks >$50M/year, dividends >$25M/year.

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