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Firefly Aerospace Prices $192 Million Public Offering at $48 Per Share

Firefly Aerospace priced a public offering of 12 million shares at $48 each. The stock declined on Monday while broader indexes rose.

Jun 1, 1:57 PM(45 days ago)·1m read1 source

Firefly Aerospace Prices $192 Million Public Offering at $48 Per Share

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Firefly Aerospace Inc. shares fell on Monday after the company priced a public offering of 12 million shares of common stock at $48 per share. The offering includes 4 million newly issued shares and 8 million shares sold by existing stockholders, according to corporate filings.

19 percent on the same day. Benzinga reported that the share sale was the primary catalyst for selling pressure in Firefly Aerospace stock. Traders reacted to the size of the transaction and the potential for dilution of existing shares.

Firefly Aerospace Inc. trades on the Nasdaq under the ticker FLY.

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