Redwire (RDW) Prnewswire·2025-03-10 12:00Core Points - A proposed class action settlement has been approved by the United States District Court for the Middle District of Florida, benefiting purchasers of securities of Redwire Corporation, formerly known as Genesis Park Acquisition Corp [1][2]. Group 1: Settlement Details - The proposed settlement amount is $8,000,000 in cash, which is subject to court approval for being fair, reasonable, and adequate [2]. - A hearing is scheduled for July 31, 2025, to determine the approval of the settlement and the plan for allocation of the settlement proceeds [2][3]. - Members of the Settlement Class include those who purchased or acquired Redwire Corporation common stock, Genesis Park Acquisition Corp common stock, warrants, call options, or sold put options during the period from March 25, 2021, to March 31, 2022 [1][4]. Group 2: Participation and Exclusion - Settlement Class members must submit a Claim Form by June 24, 2025, to be eligible for a share of the settlement proceeds [6]. - Members wishing to exclude themselves from the Settlement Class must submit a request for exclusion by July 10, 2025, to avoid being bound by the court's judgment [7]. - Any objections to the proposed settlement or related motions must be filed with the court by July 10, 2025 [8].