---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-177023"
form_type: "8-K"
ticker: "FLY"
cik: "0001860160"
company_name: "Firefly Aerospace Inc."
filed_at: "2025-08-08T23:59:59+00:00"
generated_at: "2026-05-17T16:47:45.634044+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Firefly Aerospace completes IPO of 22.19M shares at $45; enters $125M credit facility

## Summary
- IPO of 19.296M firm shares plus full exercise of 2.894M overallotment, total 22.19M shares at $45.00 public offering price.
- Underwriters purchase price $42.4125 per share; net proceeds to Firefly for working capital and general corporate purposes.
- New $125M senior secured revolving credit facility (Wells Fargo agent) maturing August 2028 with SOFR+3.00% spread.
- Pamela Braden, Kevin McAllister, Jon Lusczakoski, Ryan Boland appointed to board of directors effective August 8, 2025.
- Adopted 2025 Omnibus Incentive Plan and Employee Stock Purchase Plan; entered indemnification agreements with directors/officers.

## SEC filing metadata
- accession: 0001193125-25-177023
- form_type: 8-K
- ticker: FLY
- cik: 0001860160
- company_name: Firefly Aerospace Inc.
- filed_at: 2025-08-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03, 3.03, 5.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1860160/000119312525177023/0001193125-25-177023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1860160/000119312525177023/d58174d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-177023
- JSON: https://secwatch.observer/filing/0001193125-25-177023.json
- Plain text: https://secwatch.observer/filing/0001193125-25-177023.txt

## Key facts
- Debt Financings
  Firefly Aerospace Inc. incurred revolving credit of $125.0 million with Wells Fargo Bank, National Association, as Administrative Agent at term SOFR plus a 3.00% spread or alternative base rate plus a 2.00% spread maturing August 8, 2028.
  - Instrument: revolving credit
  - Principal: $125.0 million
  - Counterparty: Wells Fargo Bank, National Association, as Administrative Agent
  - Rate: term SOFR plus a 3.00% spread or alternative base rate plus a 2.00% spread
  - Maturity: August 8, 2028
  - Event: incurrence
  source text: Fargo Bank, National Association, as Administrative Agent. The Credit Agreement provides for a senior secured revolving credit facility in the aggregate principal amount of $125.0 million (the “Revolving Credit Facility”) that is guaranteed by certain of the Company’s wholly-owned domestic subsidiaries and secured by substantially all of the Company’s assets and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1860160/000119312525177023/0001193125-25-177023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.