other material
confidence high
sentiment positive
materiality 0.65
Redwire completes warrant redemption; 7.2M exercised for ~$82.9M
Redwire Corp
- As of March 24, 2025, 7,205,399 warrants exercised at $11.50/share, yielding ~$82.9M proceeds to company.
- 1,450,586 unexercised warrants redeemed at $0.01 each for aggregate ~$14.5K.
- No warrants outstanding after redemption; common shares outstanding now 77,082,332.
- Warrants delisted from NYSE; common stock continues trading under RDW.