Genesis Park Acquisition stockholders voted overwhelmingly in favor of the SPAC’s merger with space infrastructure company Redwire.
The numbers in the SPAC’s 8-K filing show that 97% of the voted shares were cast in support of the deal, which values thecompany at $615 million.
Redwire is expected to receive proceeds of $170 million, including a $100 million PIPE.
The filing did not mention redepmtions, if any, although Genesis traded above $10 through the period leading up to the redemption deadline. Read more.
