Selling stockholders price upsized secondary offering of 14M shares at $61/share for ~$854M gross proceeds

Karman Holdings Inc.

Offering upsized from 13.5M to 14M shares; priced at $61.00/share; gross proceeds ~$854M to selling stockholders.
Karman receives no proceeds; underwriters have 30-day option to purchase an additional 2.1M shares at same price.
Operational data update shows active pipeline grew to ~$3B, a ~4x increase in business development activity.
Major program opportunities: hypersonics & strategic missile defense ~$500M, tactical missiles ~$700M, maritime ~$300M, space launch ~$250M.
Company positioned for over $1B contract value on high-priority programs; FY2026 budget request includes $6.5B for hypersonics.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Karman Holdings Inc. entered into Underwriting Agreement with Selling Stockholders, Citigroup Global Markets Inc., Evercore Group L.L.C. (effective 2026-05-28).

Action: entry
Agreement: underwriting
Counterparty: Selling Stockholders, Citigroup Global Markets Inc., Evercore Group L.L.C.
Effective: 2026-05-28

Exact text from the filing

On May 28, 2026, Karman Holdings Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with the persons named in Schedule II thereto (the “Selling Stockholders”) and Citigroup Global Markets Inc. and Evercore Group L.L.C., as the underwriters (the “Underwriters”), pursuant to which the Selling Stockholders agreed to sell 14,000,000 shares of common stock, par value $0.001 per share, of the Company (the “Common Stock”) at a public offering price of $61.00 per share (the “Offering Price”), less underwriting discounts and commissions (the “Offering”).

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Karman Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-251791

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