Redwire Stock Plunges 10.16% on $200M Offering

On June 17, 2025, Redwire's stock experienced a significant drop of 10.16% during pre-market trading.

Redwire Corp announced a $200 million public offering of common stock, which led to a decline in its share price during Monday's after-hours trading session. The company plans to use the net proceeds for general corporate purposes, including funding growth, repurchasing a portion of its stock, and repaying a previously disclosed seller note related to its acquisition of Edge Autonomy.

Redwire had previously closed its acquisition of Edge Autonomy, which included $160 million in cash and $765 million in stock. The company's total liquidity as of March 31 was $89.2 million, comprising $54.2 million in cash and cash equivalents and $35 million in available borrowings from existing credit facilities.