Leonardo DRS closes secondary offering of 20.7M shares at $17.75 by parent subsidiary

Leonardo DRS, Inc.

Selling stockholder Leonardo US Holding sold 20.7M shares at $17.75, including full underwriter option exercise of 2.7M shares.
Company received no proceeds; all shares sold by parent subsidiary of Leonardo S.p.A.
Offering closed on November 21, 2023; legal opinion filed as Exhibit 5.1.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.