Genesis Park Acquisition filed a preliminary proxy on its proposed merger with space infrastructure company Redwire.
Terms call for proceeds of $170 million to Redwire, including a $100 million PIPE, with participation from Senvest Management and Crescent Park Management.
Pending shareholder approval, Redwire will begin trading on the NYSE. A vote date on the deal has not been published.
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. Read more.