Space infrastructure company Redwire and Genesis Park Acquisition announced today that they have entered into a definitive merger agreement that will deliver $170 million to Redwire, including a $100 million PIPE.
Pending shareholder approval, the transaction is expected to be completed by the end of the second quarter when Redwire will begin trading on the NYSE.
Redwire provides space infrastructure technology and services to deliver solutions to meet the growing needs of national security, civil, and commercial customers for a full spectrum of activity in space.
Participants in the PIPE include Senvest Management and Crescent Park Management. Read more.
