York Space Systems Announces Pricing of Upsized Initial Public Offering
Yellowstone MidcoYellowstone Midco(US:YSS) Businesswire·2026-01-28 23:29

Company Overview - York Space Systems is a U.S.-based space and defense prime that provides a comprehensive suite of mission-critical solutions for national security, government, and commercial customers [6] - The company possesses proprietary hardware and software capabilities designed to meet complex mission requirements across the entire space ecosystem throughout the mission lifecycle [6] - York is built to address evolving national security space challenges and adapt to the changing needs and procurement processes of the U.S. government, focusing on economics, agility, rapid capabilities, and heritage [6] Initial Public Offering (IPO) Details - York Space Systems announced the pricing of its upsized initial public offering of 18,500,000 shares at a public offering price of $34 per share [1] - The underwriters have been granted a 30-day option to purchase an additional 2,775,000 shares at the initial public offering price, less underwriting discounts and commissions [1] - The shares are expected to begin trading on the New York Stock Exchange on January 29, 2026, under the ticker symbol "YSS," with the offering expected to close on January 30, 2026, subject to customary closing conditions [2] Underwriters and Management - Goldman Sachs & Co. LLC, Jefferies, and Wells Fargo Securities are acting as lead bookrunning managers for the proposed offering [3] - J.P. Morgan and Citigroup are serving as joint bookrunning managers, while Truist Securities, Baird, and Raymond James are acting as bookrunners [3] - Canaccord Genuity, Needham & Company, and Academy Securities are serving as co-managers for the offering [3]