Redwire Forces Redemption of Public Warrants at $0.01; Exercise by March 24

Redwire Corp

Redemption price $0.01 per warrant; holders may exercise at $11.50/share until 5:00 PM ET on March 24, 2025.
Triggered by stock closing >= $18 for 20 of 30 trading days through Feb 14, 2025.
Warrants (RDW.WS) cease trading on NYSE on March 21; 8,188,811 shares issuable originally.
Already $57M proceeds from 4,952,706 warrants exercised at $11.50; remaining ~3.24M warrants subject to redemption.
Unexercised warrants after deadline void; holders only get $0.01 per warrant.

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