Firefly Aerospace prices stock offering at $48 per share

Firefly Aerospace (NASDAQ: FLY) announced the pricing of a public offering of 12 million shares of common stock at $48 per share, according to a company statement. The offering includes 4 million new shares from the company and 8 million shares from existing stockholders.

The selling stockholders granted underwriters a 30-day option to purchase up to 1.8 million additional shares at the offering price, minus underwriting discounts and commissions. The transaction is expected to close on June 1, 2026, subject to standard closing conditions.

The space and defense technology company stated it will use net proceeds from its portion of the offering for general corporate purposes, including supporting growth of core business operations and recently awarded programs. Firefly will not receive proceeds from the shares sold by existing stockholders.

Goldman Sachs, J.P. Morgan, Jefferies, and Wells Fargo Securities serve as lead book-running managers for the offering. Morgan Stanley, Baird, Deutsche Bank Securities, Cantor, and Needham & Company act as joint bookrunners, while Roth Capital Partners, Academy Securities, and Texas Capital Securities serve as co-managers.

The Securities and Exchange Commission has declared effective a registration statement related to the securities. The offering is being conducted through a prospectus, with copies available from the lead underwriters.

Cedar Park, Texas-based Firefly operates engineering, manufacturing, and testing facilities and provides launch vehicles, lunar landers, and orbital vehicles for space missions.

You May Also Be Interested In

• TOYO Co. launches $50M direct offering for Texas solar facility
• Absci prices $100M stock offering with Eli Lilly among investors
• MoonLake prices $200 million public offering at $20 per share