Firefly Aerospace Announces Launch of Initial Public Offering
Firefly Aerospace has announced the launch of its Initial Public Offering (IPO) with plans to offer 16.2 million shares of common stock. The company expects the IPO price to range between $35.00 and $39.00 per share, with an additional 30-day option for underwriters to purchase up to 2.43 million shares.
The space and defense technology company plans to list on the Nasdaq Global Market under the symbol "FLY". The IPO proceeds will be used to repay outstanding borrowings, pay preferred stock dividends, and for general corporate purposes. Goldman Sachs, J.P. Morgan, Jefferies, and Wells Fargo Securities are serving as lead bookrunning managers for the offering.
Firefly Aerospace ha annunciato il lancio della sua Offerta Pubblica Iniziale (IPO), con l'intenzione di offrire 16,2 milioni di azioni ordinarie. La societ脿 prevede che il prezzo dell'IPO si collochi tra 35,00 e 39,00 dollari per azione, con un'opzione aggiuntiva di 30 giorni per gli underwriter di acquistare fino a 2,43 milioni di azioni.
La societ脿, attiva nel settore della tecnologia spaziale e della difesa, intende quotarsi sul Nasdaq Global Market con il simbolo "FLY". I proventi dell'IPO saranno utilizzati per rimborsare i debiti in essere, pagare i dividendi delle azioni privilegiate e per scopi aziendali generali. Goldman Sachs, J.P. Morgan, Jefferies e Wells Fargo Securities sono i principali gestori dell'offerta.
Firefly Aerospace ha anunciado el lanzamiento de su Oferta P煤blica Inicial (OPI) con planes de ofrecer 16.2 millones de acciones ordinarias. La compa帽铆a espera que el precio de la OPI oscile entre
La empresa de tecnolog铆a espacial y de defensa planea cotizar en el Nasdaq Global Market bajo el s铆mbolo "FLY". Los ingresos de la OPI se utilizar谩n para pagar pr茅stamos pendientes, dividendos de acciones preferentes y para prop贸sitos corporativos generales. Goldman Sachs, J.P. Morgan, Jefferies y Wells Fargo Securities act煤an como principales gestores del libro de la oferta.
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Firefly Aerospace a annonc茅 le lancement de son offre publique initiale (IPO) avec l'intention de proposer 16,2 millions d'actions ordinaires. La soci茅t茅 pr茅voit que le prix de l'IPO se situe entre 35,00 et 39,00 dollars par action, avec une option suppl茅mentaire de 30 jours permettant aux souscripteurs d'acheter jusqu'脿 2,43 millions d'actions.
Cette entreprise sp茅cialis茅e dans les technologies spatiales et de d茅fense pr茅voit de s'inscrire sur le Nasdaq Global Market sous le symbole "FLY". Les fonds lev茅s serviront 脿 rembourser les emprunts en cours, 脿 verser les dividendes des actions privil茅gi茅es et 脿 financer les besoins g茅n茅raux de l'entreprise. Goldman Sachs, J.P. Morgan, Jefferies et Wells Fargo Securities sont les principaux gestionnaires de cette op茅ration.
Firefly Aerospace hat den Start seines Initial Public Offering (IPO) angek眉ndigt und plant, 16,2 Millionen Stammaktien anzubieten. Das Unternehmen erwartet einen IPO-Preis zwischen
Das Raumfahrt- und Verteidigungstechnologieunternehmen plant die Notierung am Nasdaq Global Market unter dem Symbol "FLY". Die Erl枚se aus dem IPO sollen zur R眉ckzahlung bestehender Verbindlichkeiten, zur Zahlung von Dividenden auf Vorzugsaktien und f眉r allgemeine Unternehmenszwecke verwendet werden. Goldman Sachs, J.P. Morgan, Jefferies und Wells Fargo Securities fungieren als Hauptbuchf眉hrer der Emission.
- None.
- Existing debt burden requiring IPO proceeds for repayment
- Outstanding preferred stock dividends to be paid from proceeds
- Potential dilution for existing shareholders
Insights
Firefly Aerospace launches IPO targeting $616-686M valuation, offering 16.2M shares at $35-39 with proceeds addressing debt and providing growth capital.
Firefly Aerospace, a space and defense technology company, has officially launched its roadshow for an initial public offering of 16,200,000 shares. The company has set a price range of
The company plans to list on the Nasdaq Global Market under the ticker symbol "FLY." The IPO is backed by a strong syndicate of underwriters including Goldman Sachs, J.P. Morgan, Jefferies, and Wells Fargo Securities as lead bookrunners, with Morgan Stanley, Deutsche Bank Securities, and Cantor serving as joint bookrunners.
Firefly's planned use of proceeds reveals key financial priorities: repaying outstanding credit agreement borrowings, settling accrued preferred stock dividends, and funding general corporate purposes. This allocation suggests the company is using this capital raise to strengthen its balance sheet while retaining flexibility for operational growth.
This IPO represents a significant milestone for the commercial space sector, potentially providing public market investors with another pure-play opportunity in the growing space and defense technology market. The registration statement has been filed with the SEC but remains pending effectiveness, meaning the offering is still in process with final terms subject to market conditions.
CEDAR PARK, Texas, July 28, 2025 (GLOBE NEWSWIRE) -- Firefly Aerospace, a market leading space and defense technology company, today announced that it has launched the roadshow for its proposed initial public offering of 16,200,000 shares of its common stock. In addition, Firefly intends to grant the underwriters a 30-day option to purchase an additional 2,430,000 shares of its common stock at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is expected to be between
Firefly intends to use its net proceeds from this offering to repay outstanding borrowings under its credit agreement, pay any accrued and unpaid dividends on certain series of its preferred stock, and for general corporate purposes.
Firefly has applied to list its common stock on the Nasdaq Global Market under the ticker symbol 鈥淔LY.鈥�
Goldman Sachs & Co. LLC, J.P. Morgan, Jefferies, and Wells Fargo Securities are acting as lead bookrunning managers for the proposed offering. Morgan Stanley, Deutsche Bank Securities, and Cantor are acting as joint bookrunners. Roth Capital Partners and Academy Securities will serve as co-managers.
The proposed offering is being made only by means of a prospectus. When available, a copy of the preliminary prospectus related to this proposed offering may be obtained from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, by telephone at 1-866-471-2526, by facsimile at 212-902-9316 or by email at [email protected]; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by email at [email protected] and [email protected]; Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at (877) 821-7388 or by email at [email protected] or Wells Fargo Securities, 90 South 7th Street, 5th Floor, Minneapolis, MN 55402, by telephone at 800-645-3751 (option #5) or by email at [email protected].
A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended.
About Firefly Aerospace
Firefly Aerospace is a space and defense technology company that enables government and commercial customers to launch, land, and operate in space 鈥� anywhere, anytime. As the partner of choice for responsive space missions, Firefly is the only commercial company to launch a satellite to orbit with approximately 24-hour notice. Firefly is also the only company to achieve a fully successful landing on the Moon. Established in 2017, Firefly鈥檚 engineering, manufacturing, and test facilities are co-located in central Texas to enable rapid innovation. The company鈥檚 small- to medium-lift launch vehicles, lunar landers, and orbital vehicles are built with common flight-proven technologies to enable speed, reliability, and cost efficiencies for each mission from low Earth orbit to the Moon and beyond.
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FAQ
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