Firefly Aerospace Raises $850 Million in Initial Public Offering

Firefly Aerospace has priced its initial public offering of 19,296,000 shares at $45.00 per share, raising $850 million. The shares are expected to begin trading on Nasdaq Global Market on August 7, 2025. Firefly plans to use its net proceeds for debt repayment, dividend payments, and general corporate purposes. The offering is being made by Goldman Sachs & Co. LLC, J.P. Morgan, Jefferies, and Wells Fargo Securities, and is subject to customary closing conditions. The prospectus for the offering may be obtained from the underwriters’ websites or by contacting the underwriters.