Space infrastructure company Redwire said it completed its merger with Genesis Park Acquisition following the SPAC’s near-unanimous shareholder approval yesterday.
Redwire was expected to receive proceeds of $170 million, including a $100 million PIPE.
Redwire’s shares and warrants begin trading on the NYSE today under the new ticker symbols RDW and RDW WS. The transaction values Redwire at a $620 million pro forma enterprise value. Read more.