Redwire (NYSE: RDW) holder files to sell 508,690 shares via Rule 144
Rhea-AI Filing Summary
Redwire Corporation shareholder plans additional stock sales under Rule 144. A holder has filed to sell 508,690 shares of common stock through Merrill Lynch on the NYSE, with an aggregate market value of 5,412,461.6, against 165,150,783 common shares outstanding. These shares were acquired in a private placement from the issuer on 12/29/2021 and paid for in cash on the same date. Over the past three months, AE Red Holdings, LLC sold 776,556 common shares for gross proceeds of 8,110,291.85, and Edge Autonomy Ultimate Holdings, LP sold 1,085,507 common shares for gross proceeds of 11,336,952.61.
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FAQ
What does the Form 144 filing for RDW disclose?
The filing discloses that a shareholder intends to sell 508,690 shares of Redwire Corporation (RDW) common stock under Rule 144, using Merrill Lynch as broker, with the shares listed on the NYSE.
What representation does the selling person make in this RDW Form 144 notice?
By signing the notice, the selling person represents that they do not know any material adverse information about Redwire Corporation’s current or prospective operations that has not been publicly disclosed.