FIREFLY AEROSPACE INC SEC Filings

Firefly Aerospace Inc. (FLY) reported an equity award to its Chief Accounting Officer on Form 4. On 09/24/2025, the officer received 30,000 shares of common stock in the form of restricted stock units (RSUs) at a stated price of $0 per share.

The RSUs were granted under the Firefly Aerospace Inc. 2025 Omnibus Incentive Plan. They vest in four equal annual installments on September 16, 2026, 2027, 2028, and 2029, and each installment is contingent on the officer remaining employed with the company through the applicable vesting date.

Firefly Aerospace Inc. (FLY) reported an equity award to its chief financial officer on a Form 4. On 09/24/2025, the officer acquired 222,222 shares of common stock in the form of restricted stock units (RSUs) at a stated price of $0 per share under the Firefly Aerospace Inc. 2025 Omnibus Incentive Plan. After this award, the officer beneficially owns 233,546 shares of common stock directly. The RSUs vest in four equal installments on September 16, 2026, 2027, 2028 and 2029, so the officer receives the underlying shares over time, provided employment with the company continues through each vesting date.

Firefly Aerospace Inc. (FLY) reported an insider equity award for its General Counsel on a Form 4. On 09/24/2025, the officer acquired 55,556 shares of common stock through a grant of restricted stock units under the Firefly Aerospace Inc. 2025 Omnibus Incentive Plan at a stated price of $0 per share. Following this grant, the officer beneficially owned 117,714 shares of common stock in direct ownership.

The RSUs are scheduled to vest in four equal installments on each of September 16, 2026, 2027, 2028, and 2029, conditioned on the officer's continued employment with the company through each vesting date. The filing indicates it was submitted by one reporting person in the capacity of an officer serving as General Counsel.

Firefly Aerospace Inc. (FLY) reported an insider equity award on a Form 4. The company’s Chief Executive Officer, who also serves as a director, acquired 888,889 shares of common stock on 09/24/2025 through a grant valued at $0 per share. This reflects a compensatory equity award rather than an open-market purchase.

The shares represent restricted stock units granted under the Firefly Aerospace Inc. 2025 Omnibus Incentive Plan. These RSUs vest in four installments on September 16, 2026, 2027, 2028 and 2029, and each installment requires the executive to remain employed with the company through the applicable vesting date. After this grant, the reporting person beneficially owns 888,889 shares directly.

Firefly Aerospace Inc. (FLY) reported a Form 4 insider transaction for its Chief Operating Officer. On 09/24/2025, the officer received 88,889 shares of common stock in the form of restricted stock units (RSUs) at a price of $0 under the Firefly Aerospace Inc. 2025 Omnibus Incentive Plan. Following this grant, the officer beneficially owns 88,889 common shares directly.

The RSUs vest in four equal installments on September 16 of 2026, 2027, 2028 and 2029, and each vesting is conditioned on the officer’s continued employment with Firefly Aerospace through the applicable vesting date.

Firefly Aerospace Inc. has filed an S-1 to register up to 11,111,116 shares of Common Stock for resale by selling securityholders who received these shares as consideration in its acquisition of SciTec Innovations, LLC. The SciTec stock consideration was valued at $555.6 million based on a $50.00 per-share price in the transaction.

The company will not receive any proceeds from these resales, though it will cover registration expenses. The SciTec holders have agreed not to transfer their shares until February 7, 2026. Firefly highlights its position as a space and defense technology provider but also discloses substantial net losses and significant dependence on a concentrated set of government and national-security customers.

As of November 10, 2025, Firefly had 159,251,122 shares of Common Stock outstanding, plus additional equity awards and warrants that could further increase its share count over time. AE Industrial Partners holds about 37% of the company and, via voting arrangements, controls over half of the voting power, making Firefly a Nasdaq “controlled company.”

Firefly Aerospace (FLY) reported Q3 2025 results with revenue of $30.8 million, up from $22.4 million a year ago. Spacecraft Solutions contributed $21.4 million and Launch revenue was $9.4 million. Gross profit was $8.5 million.

The company completed its IPO on August 8, raising $932.3 million net and ended the quarter with $995.2 million in cash and cash equivalents. IPO proceeds were used in part to fully repay Term Loans, resulting in a $30.4 million loss on extinguishment. Q3 included a $42.2 million loss from the change in fair value of warrant liability. Net loss was $133.4 million, or $1.50 per share, as R&D reached $48.8 million and SG&A $21.9 million. Deferred revenue totaled $169.7 million. Remaining performance obligations were $723.1 million, with 20.7% expected to be recognized within 12 months. As of November 10, 2025, common shares outstanding were 159,251,122.

Firefly Aerospace Inc. amended its credit agreement, expanding its revolving credit facility to $260 million after adding $135 million of new commitments to the prior $125 million. The facility matures on August 8, 2028.

Borrowings will bear a variable rate at the Company’s option: term SOFR plus 3.00% or an alternative base rate plus 2.00%. An unused commitment fee of 0.375% per annum applies to undrawn amounts. This amendment increases available liquidity without specifying immediate borrowings.

Firefly Aerospace (FLY) completed its acquisition of SciTec Innovations on October 31, 2025. The aggregate purchase price was approximately $855.6 million, consisting of $300 million in cash and 11,111,116 shares of common stock valued at approximately $555.6 million based on an agreed price per share of $50.00.

The common stock issued at closing relied on the Section 4(a)(2) exemption from registration for transactions by an issuer not involving a public offering. The company also issued a press release on November 5, 2025 announcing the completion of the acquisition.