Redwire enters $500 million at-the-market equity offering program

Redwire Corporation (NYSE: RDW) entered into an equity distribution agreement on June 9, 2026, that allows the company to sell up to $500 million of common stock through at-the-market offerings.

The agreement involves 11 financial institutions serving as agents, including Truist Securities, J.P. Morgan Securities, BofA Securities, and others. Under the program, Redwire may sell shares from time to time through these agents, who will receive commissions of up to 3% of the gross sales price per share.

The sales may occur directly on the New York Stock Exchange, other existing trading markets, or through market makers. The agents may also conduct block trades and privately negotiated transactions. Redwire has no obligation to sell any shares under the agreement and may suspend the offering at any time.

The company stated it intends to use net proceeds for working capital and general corporate purposes, which may include debt repayment or refinancing, strategic acquisitions or investments, and research and development activities.

The shares will be offered under a shelf registration statement filed with the Securities and Exchange Commission on August 7, 2025, and a related prospectus supplement dated June 9, 2026.

In connection with the new agreement, Redwire terminated a previous equity distribution agreement dated May 6, 2026, with no termination penalties. The new agreement will automatically terminate upon the sale of all shares subject to the program or may be terminated by either party with written notice.

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