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Firefly Aerospace Announces Pricing of Upsized Initial Public Offering

CEDAR PARK, Texas, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Firefly Aerospace, a market leading space and defense technology company, today announced the pricing of its upsized initial public offering of 19,296,000 shares of its common stock at a public offering price of $45.00 per share. In addition, Firefly has granted the underwriters a 30-day option to purchase an additional 2,894,400 shares of its common stock at the initial public offering price, less underwriting discounts and commissions.

The shares are expected to begin trading on Nasdaq Global Market on August 7, 2025 under the ticker symbol "FLY," and the offering is expected to close on August 8, 2025, subject to customary closing conditions.

Firefly intends to use its net proceeds from this offering to repay outstanding borrowings under its credit agreement, pay any accrued and unpaid dividends on certain series of its preferred stock, and for general corporate purposes.

Goldman Sachs & Co. LLC, J.P. Morgan, Jefferies, and Wells Fargo Securities are acting as lead bookrunning managers for the offering. Morgan Stanley, Deutsche Bank Securities, and Cantor are acting as joint bookrunners. Roth Capital Partners and Academy Securities are acting as co-managers.

The offering is being made only by means of a prospectus. When available, a copy of the final prospectus related to this offering may be obtained from: Goldman Sachs ...