Redwire Completes Business Combination with Genesis Park

Genesis Park Acquisition

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.

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