Firefly Aerospace Announces Pricing of Upsized Initial Public Offering

Core Viewpoint - Firefly Aerospace has announced the pricing of its upsized initial public offering (IPO) of 19,296,000 shares at $45.00 per share, with an additional option for underwriters to purchase 2,894,400 shares [2][3] Group 1: IPO Details - The shares are set to begin trading on Nasdaq Global Market under the ticker symbol "FLY" on August 7, 2025, with the offering expected to close on August 8, 2025 [3] - Firefly plans to use the net proceeds from the offering to repay outstanding borrowings, pay accrued dividends on preferred stock, and for general corporate purposes [3] Group 2: Underwriters - Goldman Sachs & Co. LLC, J.P. Morgan, Jefferies, and Wells Fargo Securities are the lead bookrunning managers for the offering, with Morgan Stanley, Deutsche Bank Securities, and Cantor as joint bookrunners [4] Group 3: Company Overview - Firefly Aerospace is a space and defense technology company that supports government and commercial customers in launching and operating in space, known for its rapid response capabilities [9] - The company has achieved significant milestones, including being the only commercial entity to launch a satellite to orbit with approximately 24-hour notice and successfully landing on the Moon [9]