Firefly Aerospace Finalizes $576M Public Offering, Company Raises $192M at $48.00/Share
FLY has more than doubled off its 52-week low of $16 on elevated volume (2.2× avg).
Summary
Firefly Aerospace finalized a $576 million public offering, with the company raising $192 million by selling 4 million shares at $48.00 each, a premium to the current stock price. The remaining $384 million came from selling stockholders.
Key Events · Financing and Capital Events · FLY
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Public Offering Priced
The company priced its previously announced public offering at $48.00 per share on May 28, 2026, a premium to the current market price.
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Company Raises Capital
Firefly Aerospace sold 4,000,000 new shares, raising approximately $192 million in gross proceeds for the company.
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Selling Stockholders Participate
Selling stockholders sold an additional 8,000,000 shares, generating $384 million in proceeds for them.
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Underwriter Option Granted
Selling stockholders granted underwriters a 30-day option to purchase up to an additional 1,800,000 shares.
Analysis · FLY · Manufacturing
This 8-K details the underwriting agreement for a significant public offering that was previously announced and completed. The company successfully raised $192 million by selling 4 million new shares at $48.00 per share. This capital infusion is crucial for extending the company's runway, especially given its reported negative operating cash flow in Q1 2026. The offering price of $48.00 per share is notably above the current market price of $43.71, indicating strong institutional demand and confidence in the company's valuation at the time of pricing. However, a substantial portion of the offering, $384 million from 8 million shares, came from selling stockholders, which can create an overhang on the stock as existing investors cash out. This filing provides the definitive terms of the offering, following the S-1 registration and 424B4 completion notice.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 35.9% of the 1728 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.06%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FLY was trading at $43.71 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $7.1B. The 52-week trading range was $16.00 to $73.80. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.