AE Industrial cuts Redwire stake below 5%

Redwire Corp’s major shareholder group has sharply reduced its stake.

Rhea-AI Filing Summary

Redwire Corp’s major shareholder group has sharply reduced its stake. AE Red Holdings, AE Industrial Partners funds and related parties converted 46,505.13 shares of Series A Convertible Preferred Stock into 15,247,586 shares of common stock on May 18, 2026, then sold all 15,247,586 shares the same day in open-market transactions.

After these moves, the group reports beneficial ownership of 2,119,271 shares of common stock, including 107,469 shares, 2,000,000 warrant shares and 11,802 shares from restricted stock units, representing 1.1% of an assumed 200,930,530 shares outstanding. Because their holdings fell below 5%, this amendment is characterized as an exit filing.

Insights

Equity ownership & governance analyst

Key sponsor converts and sells preferred stake, now under 5% ownership.

The AE Industrial-affiliated group converted 46,505.13 shares of Series A Convertible Preferred Stock into 15,247,586 Redwire common shares, then sold all of those shares in open-market trades on May 18, 2026. This removes a large block of preferred-linked equity.

Post-transaction, the group reports 2,119,271 shares of beneficial ownership, including 2,000,000 warrant shares and 11,802 restricted stock unit shares vesting on May 22, 2026, equal to 1.1% of an assumed 200,930,530 common shares. Falling below the 5% threshold turns this into an exit filing under Schedule 13D rules.

The economic impact depends on how the market absorbed the 15,247,586-share sale and the future treatment of the 2,000,000 warrants. Subsequent company filings may clarify any further ownership changes or warrant exercises.

Key Figures

Current beneficial ownership: 2,119,271 shares Ownership percentage: 1.1% Preferred shares converted: 46,505.13 shares +5 more

8 metrics

Current beneficial ownership 2,119,271 shares Aggregate beneficial ownership reported by group

Ownership percentage 1.1% Percent of assumed 200,930,530 Redwire common shares

Preferred shares converted 46,505.13 shares Series A Convertible Preferred Stock converted on May 18, 2026

Common shares received and sold 15,247,586 shares Common stock issued upon conversion and sold same day

Warrant shares 2,000,000 shares Common stock issuable upon exercise of warrants held by group

RSU shares 11,802 shares Common stock issuable from RSUs vesting on May 22, 2026

Shares outstanding baseline 198,918,728 shares Common stock outstanding as of May 1, 2026 from Form 10-Q

Assumed total shares for calculation 200,930,530 shares Outstanding plus warrant and RSU shares used for 1.1% figure

Key Terms

Schedule 13D, beneficial ownership, Series A Convertible Preferred Stock, Warrants, +2 more

6 terms

Schedule 13D regulatory

"The Existing 13D is hereby amended in this Amendment No. 21 as set forth below"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

beneficial ownership financial

"The Amendment is being filed to report changes in the beneficial ownership of the Reporting Persons"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Series A Convertible Preferred Stock financial

"exercised its option to convert 46,505.13 shares of Series A Convertible Preferred Stock of the Company"

Series A convertible preferred stock is a class of shares sold in an early funding round that gives investors a mix of protection and upside: it pays a priority claim over common shares if the company is sold or closes, but can be converted into ordinary shares to share in future growth. Think of it like a hybrid between a safer stake and a ticket to ownership; it matters to investors because it affects who controls the company, how future gains are split, and how much their investment is protected from downside.

Warrants financial

"2,000,000 shares of Common Stock issuable upon the exercise of 2,000,000 warrants to acquire one share of Common Stock ("Warrants")"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

restricted stock units financial

"11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Joint Filing Agreement regulatory

"Exhibit 1 Joint Filing Agreement among the Reporting Persons, dated as of June 17, 2025"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What ownership change does AE Red Holdings report in Redwire (RDW)?

AE Red Holdings and affiliates reduced their Redwire beneficial ownership to 2,119,271 shares, or 1.1% of an assumed 200,930,530 common shares outstanding, after converting and selling a large preferred-linked block.

How many Redwire shares did the AE Industrial group convert and sell?

They converted 46,505.13 shares of Series A Convertible Preferred Stock into 15,247,586 common shares, then sold all 15,247,586 common shares on May 18, 2026, in open-market transactions according to the filing.

Why is this Redwire Schedule 13D/A called an exit filing?

It is an exit filing because, after the reported transactions, the reporting persons’ beneficial ownership fell below 5% of Redwire’s common stock, ending their status as more-than-5% beneficial owners under Schedule 13D rules.

What does the AE Industrial group still hold in Redwire (RDW)?

They report beneficial ownership of 2,119,271 Redwire common shares, consisting of 107,469 shares, 2,000,000 shares issuable upon warrant exercise, and 11,802 shares from restricted stock units vesting on May 22, 2026, equal to 1.1% of the class.

How was the 1.1% beneficial ownership in Redwire calculated?

The 1.1% figure is based on 198,918,728 common shares outstanding as of May 1, 2026, plus 2,000,000 warrant shares and 11,802 restricted stock unit shares, giving an assumed total of 200,930,530 shares for the percentage calculation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/20/2026 - 04:14 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 21)

Redwire Corp

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

75776W103

(CUSIP Number)

AE Red Holdings, LLC
6700 Broken Sound Parkway NW,
Boca Raton, FL, 33487
(561) 372-7820

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

05/18/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 75776W103

1

Name of reporting person

AE Red Holdings, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,119,271.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,119,271.00

11

Aggregate amount beneficially owned by each reporting person

2,119,271.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

1.1 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

Rows 8, 10 and 11 each represent (i) 107,469 shares of Common Stock, (ii) 2,000,000 shares of Common Stock issuable upon the exercise of 2,000,000 warrants to acquire one share of Common Stock ("Warrants") and (iii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026. The calculation for Row 13 is based upon 198,918,728 shares of Common Stock of the Issuer issued and outstanding as of May 1, 2026, as reported on the Issuer's most recent Form 10-Q, filed on May 7, 2026 plus (i) 2,000,000 shares of Common Stock underlying 2,000,000 Warrants and (ii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026.

SCHEDULE 13D

CUSIP Number(s): 75776W103

1

Name of reporting person

Michael Robert Greene

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,119,271.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,119,271.00

11

Aggregate amount beneficially owned by each reporting person

2,119,271.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

1.1 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

Rows 8, 10 and 11 each represent (i) 107,469 shares of Common Stock, (ii) 2,000,000 shares of Common Stock issuable upon the exercise of 2,000,000 Warrants and (iii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026. The calculation for Row 13 is based upon 198,918,728 shares of Common Stock of the Issuer issued and outstanding as of May 1, 2026, as reported on the Issuer's most recent Form 10-Q, filed on May 7, 2026 plus (i) 2,000,000 shares of Common Stock underlying 2,000,000 Warrants and (ii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026.

SCHEDULE 13D

CUSIP Number(s): 75776W103

1

Name of reporting person

David H Rowe

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,119,271.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,119,271.00

11

Aggregate amount beneficially owned by each reporting person

2,119,271.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

1.1 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

Rows 8, 10 and 11 each represent (i) 107,469 shares of Common Stock, (ii) 2,000,000 shares of Common Stock issuable upon the exercise of 2,000,000 Warrants and (iii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026. The calculation for Row 13 is based upon 198,918,728 shares of Common Stock of the Issuer issued and outstanding as of May 1, 2026, as reported on the Issuer's most recent Form 10-Q, filed on May 7, 2026 plus (i) 2,000,000 shares of Common Stock underlying 2,000,000 Warrants and (ii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026.

SCHEDULE 13D

CUSIP Number(s): 75776W103

1

Name of reporting person

AE INDUSTRIAL PARTNERS FUND II-B, LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,119,271.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,119,271.00

11

Aggregate amount beneficially owned by each reporting person

2,119,271.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

1.1 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

Rows 8, 10 and 11 each represent (i) 107,469 shares of Common Stock, (ii) 2,000,000 shares of Common Stock issuable upon the exercise of 2,000,000 Warrants and (iii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026. The calculation for Row 13 is based upon 198,918,728 shares of Common Stock of the Issuer issued and outstanding as of May 1, 2026, as reported on the Issuer's most recent Form 10-Q, filed on May 7, 2026 plus (i) 2,000,000 shares of Common Stock underlying 2,000,000 Warrants and (ii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026.

SCHEDULE 13D

CUSIP Number(s): 75776W103

1

Name of reporting person

AE INDUSTRIAL PARTNERS FUND II, LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,119,271.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,119,271.00

11

Aggregate amount beneficially owned by each reporting person

2,119,271.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

1.1 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

Rows 8, 10 and 11 each represent (i) 107,469 shares of Common Stock, (ii) 2,000,000 shares of Common Stock issuable upon the exercise of 2,000,000 Warrants and (iii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026. The calculation for Row 13 is based upon 198,918,728 shares of Common Stock of the Issuer issued and outstanding as of May 1, 2026, as reported on the Issuer's most recent Form 10-Q, filed on May 7, 2026 plus (i) 2,000,000 shares of Common Stock underlying 2,000,000 Warrants and (ii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026.

SCHEDULE 13D

CUSIP Number(s): 75776W103

1

Name of reporting person

AE INDUSTRIAL PARTNERS FUND II-A, LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,119,271.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,119,271.00

11

Aggregate amount beneficially owned by each reporting person

2,119,271.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

1.1 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

Rows 8, 10 and 11 each represent (i) 107,469 shares of Common Stock, (ii) 2,000,000 shares of Common Stock issuable upon the exercise of 2,000,000 Warrants and (iii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026. The calculation for Row 13 is based upon 198,918,728 shares of Common Stock of the Issuer issued and outstanding as of May 1, 2026, as reported on the Issuer's most recent Form 10-Q, filed on May 7, 2026 plus (i) 2,000,000 shares of Common Stock underlying 2,000,000 Warrants and (ii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026.

SCHEDULE 13D

CUSIP Number(s): 75776W103

1

Name of reporting person

AE INDUSTRIAL PARTNERS STRUCTURED SOLUTIONS I, LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

0.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0 %

14

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13D

CUSIP Number(s): 75776W103

1

Name of reporting person

AEROEQUITY GP, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 2,119,271.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 2,119,271.00

11

Aggregate amount beneficially owned by each reporting person

2,119,271.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

1.1 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

Rows 8, 10 and 11 each represent (i) 107,469 shares of Common Stock, (ii) 2,000,000 shares of Common Stock issuable upon the exercise of 2,000,000 Warrants and (iii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026. The calculation for Row 13 is based upon 198,918,728 shares of Common Stock of the Issuer issued and outstanding as of May 1, 2026, as reported on the Issuer's most recent Form 10-Q, filed on May 7, 2026 plus (i) 2,000,000 shares of Common Stock underlying 2,000,000 Warrants and (ii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value $0.0001 per share
(b)	Name of Issuer: Redwire Corp
(c)	Address of Issuer's Principal Executive Offices: 6700 Broken Sound Parkway NW, Boca Raton, FLORIDA , 33487.
Item 1 Comment: Explanatory Note. The information set forth in response to each separate Item below shall be deemed to be a response to all Items where such information is relevant. The Schedule 13D filed with the Commission on September 2, 2021, as amended by Amendment No. 1 filed on October 5, 2022, Amendment No. 2 filed on November 10, 2022, Amendment No. 3 filed on May 23, 2023, Amendment No. 4 filed on September 1, 2023, Amendment No. 5 filed on January 21, 2025, Amendment No. 6 filed on June 5, 2025, Amendment No. 7 filed on June 10, 2025, Amendment No. 8 filed on June 17, 2025,Amendment No. 9 filed on November 10, 2026, Amendment No. 10 filed on January 9, 2026, Amendment No. 11 filed on January 13, 2026, Amendment No. 12 filed on January 16, 2026, Amendment No. 13 filed on January 30, 2026, Amendment No. 14 filed on February 4, 2026, Amendment No. 15 filed on March 3, 2026, Amendment No. 16 filed on March 26, 2026, Amendment No. 17 filed on April 15, 2026, Amendment No. 18 filed on April 20, 2026, Amendment No. 19 filed on April 22, 2026 and Amendment No. 20 filed on April 24, 2026 (collectively, the "Existing 13D"), is hereby amended in this Amendment No. 21 as set forth below (the "Amendment"). Except as set forth herein, the Existing 13D is unmodified and remains in full force and effect. Capitalized terms not defined herein have the meanings ascribed to them in the Existing 13D. The Amendment is being filed to report changes in the beneficial ownership of the Reporting Persons with respect to shares of the Company's Common Stock, par value $0.0001 per share (the "Common Stock"), and reflects a reduction in reported beneficial ownership due to sales of Common Stock made by the Reporting Persons in open market transactions. This Amendment constitutes an exit filing for the Reporting Persons as the Reporting Persons own less than five percent (5%) of the shares of Common Stock of the Company.
Item 4.	Purpose of Transaction
	On May 18, 2026, the Reporting Persons exercised its option to convert 46,505.13 shares of Series A Convertible Preferred Stock of the Company, par value $0.0001 per share ("Convertible Preferred Stock" and such conversion, the "Conversion") held by the Reporting Persons into shares of Common Stock in accordance with the terms of the Certificate of Designation of the Convertible Preferred Stock filed with the Delaware Secretary of State and effective October 28, 2022 (the "Certificate of Designation") and directed the Company to issue the shares of Common Stock issuable upon such conversion to the Reporting Persons. Pursuant to the terms of the Certification of Designation, the Reporting Persons received an aggregate of 15,247,586 shares of Common Stock of the Issuer in connection with the Conversion. Following the Conversion, on May 18, 2026, the Reporting Persons sold 15,247,586 shares of Common Stock pursuant to Rule 144 of the Securities Act of 1933, as amended.
Item 5.	Interest in Securities of the Issuer
(a)	The information set forth in rows 7 through 13 (and related footnotes) of each of the cover pages of this Amendment No. 21 are incorporated herein by reference. The following information is as of the date hereof and assumes there are 200,930,530shares of Common Stock outstanding, based on (i) 198,918,728shares of Common Stock outstanding as of May 1, 2026, as reflected in the Issuer's most recent Form 10-Q for the fiscal quarter ended March 31, 2026, (ii) 2,000,000 shares of Common Stock issuable upon exercise of the Warrants beneficially owned by the Reporting Persons and (iii) 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026. Holdings is the direct beneficial owner of 2,000,000 Warrants and indirect beneficial owner of 119,271 shares of Common Stock held by AE Industrial Partners LP ("AEIP"), a wholly-owned indirect subsidiary of Holdings. AE Fund II-B is the indirect beneficial owner of the 2,000,000 Warrants and 119,271 shares of Common Stock held by Holdings and AEIP, respectively. AE Fund II LP is the indirect beneficial owner of the 2,000,000 Warrants and 119,271 shares of Common Stock held by Holdings and AEIP, respectively. AE Fund II-A is the indirect beneficial owner of the 2,000,000 Warrants and 119,271 shares of Common Stock held by Holdings and AEIP, respectively. Michael Greene and David H. Rowe exercise voting and dispositive power with respect to (i) the Warrants directly held Holdings and (ii) 107,469 shares of Common Stock and 11,802 shares of Common Stock issuable in respect of restricted stock units that vest on May 22, 2026, in each case directly held by AEIP, an affiliate of the Reporting Persons, which together constitute an aggregate beneficial ownership of 2,119,271 shares of Common Stock or 1.1% of the Issuer's Common Stock.
(b)	By virtue of the relationship among the Reporting Persons described in Item 2, each such Reporting Person may be deemed to share the power to vote or direct the vote and to share the power to dispose of or direct the disposition of the 2,119,271 shares of Common Stock as set forth in rows 7 through 13 of the cover pages of this Statement. As a result of the transactions described herein, as of May 18, 2026, each of the Reporting Persons ceased to be a beneficial owner of more than five percent (5%) of the Common Stock of the Company. The filing of this Amendment constitutes an exit filing for the Reporting Persons.
(c)	Schedule A annexed hereto lists all transactions by the Reporting Persons in the Common Stock during the past sixty (60) days. All of such transactions were effected in the open market. Except as otherwise set forth herein or in the Existing 13D, none of the Reporting Persons has effected any transactions in the Common Stock during the past 60 days.
Item 7.	Material to be Filed as Exhibits.
	Exhibit 1 Joint Filing Agreement among the Reporting Persons, dated as of June 17, 2025 (incorporated by reference to Exhibit 1 to the Amendment No. 8 to Schedule 13D filed with the SEC by the Reporting Persons on June 17, 2025).

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

AE Red Holdings, LLC

Signature:	/s/ Michael Robert Greene
Name/Title:	Michael Robert Greene/Vice President and Assistant Treasurer
Date:	05/20/2026

Michael Robert Greene

Signature:	/s/ Michael Robert Greene
Name/Title:	Michael Robert Greene
Date:	05/20/2026

David H Rowe

Signature:	/s/ David H Rowe
Name/Title:	David H Rowe
Date:	05/20/2026

AE INDUSTRIAL PARTNERS FUND II-B, LP

Signature:	/s/ Michael Robert Greene
Name/Title:	Michael Robert Greene/Managing Member
Date:	05/20/2026

AE INDUSTRIAL PARTNERS FUND II, LP

Signature:	/s/ Michael Robert Greene
Name/Title:	Michael Robert Greene/Managing Member
Date:	05/20/2026

AE INDUSTRIAL PARTNERS FUND II-A, LP

Signature:	/s/ Michael Robert Greene
Name/Title:	Michael Robert Greene/Vice President and Assistant Treasurer
Date:	05/20/2026

AE INDUSTRIAL PARTNERS STRUCTURED SOLUTIONS I, LP

Signature:	/s/ Michael Robert Greene
Name/Title:	Michael Robert Greene/Managing Member
Date:	05/20/2026

AEROEQUITY GP, LLC

Signature:	/s/ Michael Robert Greene
Name/Title:	Michael Robert Greene/Managing Member
Date:	05/20/2026