Redwire Announces Redemption of Outstanding Public Warrants
Redwire (NYSE: RDW) has completed the redemption of its outstanding public warrants. The company announced that warrants remaining unexercised by March 24, 2025, would be redeemed at $0.01 per warrant.
Prior to the redemption date, 7,205,399 warrants were exercised at $11.50 each, generating approximately $82.9 million for Redwire's balance sheet. The remaining 1,450,586 unexercised warrants were redeemed for approximately $14.5 thousand.
Following the redemption, Redwire has no warrants outstanding and 77,082,332 shares of common stock outstanding. The warrants have ceased trading and were delisted from the NYSE, while the common stock continues trading under the symbol 'RDW'.
Redwire (NYSE: RDW) ha completato il riscatto dei suoi warrant pubblici in circolazione. L'azienda ha annunciato che i warrant rimasti non esercitati entro il 24 marzo 2025 saranno riscattati a $0,01 ciascuno.
Prima della data di riscatto, 7.205.399 warrant sono stati esercitati a $11,50 ciascuno, generando circa $82,9 milioni per il bilancio di Redwire. I restanti 1.450.586 warrant non esercitati sono stati riscattati per circa $14,5 mila.
Dopo il riscatto, Redwire non ha warrant in circolazione e 77.082.332 azioni di comune in circolazione. I warrant hanno smesso di essere negoziati e sono stati esclusi dalla NYSE, mentre le azioni comuni continuano a essere negoziate con il simbolo 'RDW'.
Redwire (NYSE: RDW) ha completado el rescate de sus warrants públicos en circulación. La compañía anunció que los warrants que no se ejerzan antes del 24 de marzo de 2025 serán rescatados a $0.01 cada uno.
Antes de la fecha de rescate, 7,205,399 warrants fueron ejercidos a $11.50 cada uno, generando aproximadamente $82.9 millones para el balance de Redwire. Los restantes 1,450,586 warrants no ejercidos fueron rescatados por aproximadamente $14.5 mil.
Tras el rescate, Redwire no tiene warrants en circulación y 77,082,332 acciones ordinarias en circulación. Los warrants han dejado de negociarse y han sido excluidos de la NYSE, mientras que las acciones ordinarias continúan negociándose bajo el símbolo 'RDW'.
Redwire (NYSE: RDW)는 미상환 공공 워런트의 상환을 완료했습니다. 회사는 2025년 3월 24일까지 행사되지 않은 워런트는 각각 $0.01에 상환될 것이라고 발표했습니다.
상환 날짜 이전에 7,205,399개의 워런트가 각각 $11.50에 행사되어 Redwire의 재무제표에 약 $82.9 백만을 생성했습니다. 남은 1,450,586개의 미행사 워런트는 약 $14.5 천에 상환되었습니다.
상환 후, Redwire는 미상환 워런트가 없습니다 및 77,082,332주의 보통주가 있습니다. 워런트는 거래가 중단되었고 NYSE에서 상장 폐지되었으며, 보통주는 'RDW' 기호로 계속 거래되고 있습니다.
Redwire (NYSE: RDW) a achevé le rachat de ses warrants publics en circulation. La société a annoncé que les warrants restant non exercés d'ici le 24 mars 2025 seraient rachetés à 0,01 $ par warrant.
Avant la date de rachat, 7 205 399 warrants ont été exercés à 11,50 $ chacun, générant environ 82,9 millions $ pour le bilan de Redwire. Les 1 450 586 warrants non exercés restants ont été rachetés pour environ 14,5 mille $.
Après le rachat, Redwire n'a aucun warrant en circulation et 77 082 332 actions ordinaires en circulation. Les warrants ont cessé d'être négociés et ont été radiés de la NYSE, tandis que les actions ordinaires continuent d'être négociées sous le symbole 'RDW'.
Redwire (NYSE: RDW) hat die Einlösung seiner ausstehenden öffentlichen Warrants abgeschlossen. Das Unternehmen gab bekannt, dass Warrants, die bis zum 24. März 2025 nicht ausgeübt werden, zu $0,01 pro Warrant eingelöst werden.
Vor dem Einlösungsdatum wurden 7.205.399 Warrants zu je $11,50 ausgeübt, was etwa $82,9 Millionen für die Bilanz von Redwire generierte. Die verbleibenden 1.450.586 nicht ausgeübten Warrants wurden für etwa $14,5 Tausend eingelöst.
Nach der Einlösung hat Redwire keine ausstehenden Warrants mehr und 77.082.332 Aktien im Umlauf. Die Warrants wurden vom Handel ausgeschlossen und von der NYSE delistet, während die Stammaktien weiterhin unter dem Symbol 'RDW' gehandelt werden.
- Raised $82.9 million in capital through warrant exercises
- Simplified capital structure with elimination of all outstanding warrants
- Significant warrant exercise participation rate (83.2% of total warrants)
- Potential dilution from 7.2 million new shares issued through warrant exercises
Insights
Redwire's warrant redemption represents a significant financial event with multiple positive implications. The company has successfully added
The completion of this warrant redemption has several beneficial effects on Redwire's capital structure. First, it has eliminated all outstanding warrants, simplifying the company's equity structure and removing any potential warrant overhang that could have pressured the stock. Second, while this transaction resulted in approximately
The fact that
From a capital markets perspective, the simplified structure may also broaden Redwire's appeal to institutional investors who often prefer companies with straightforward capital structures. The efficient execution of this redemption process, with minimal remaining warrants requiring cash redemption, further demonstrates management's effective capital markets strategy.
On February 20, 2025, the Company issued a press release stating that, pursuant to the Warrant Agreement, it would redeem all of its Warrants that remained outstanding at 5:00 p.m.,
In connection with the redemption, the Warrants ceased trading on The New York Stock Exchange (“NYSE”) and were delisted, with the trading suspension announced on March 21, 2025. The Common Stock continues to trade on NYSE under the symbol “RDW”.
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About Redwire
Redwire Corporation (NYSE:RDW) is a global space infrastructure and innovation company enabling civil, commercial, and national security programs. Redwire’s proven and reliable capabilities include avionics, sensors, power solutions, critical structures, mechanisms, radio frequency systems, platforms, missions, and microgravity payloads. Redwire combines decades of flight heritage and proven experience with an agile and innovative culture. Redwire’s approximately 750 employees working from 17 facilities located throughout
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Source: Redwire Corporation