Redwire investors report 51% beneficial ownership
Redwire Corp's major shareholders have updated their ownership in a new Schedule 13D amendment.
Rhea-AI Filing Summary
Redwire Corp's major shareholders have updated their ownership in a new Schedule 13D amendment. AE Red Holdings, a group of affiliated AE Industrial Partners funds and entities, Edge Autonomy Ultimate Holdings LP, and individuals Michael Robert Greene and David H. Rowe have filed Amendment No. 11 to report current beneficial ownership in Redwire's common stock.
The filing states that, in aggregate, the reporting persons beneficially own 93,107,956 shares of common stock, or 51.0% of Redwire’s common stock, assuming 182,398,369 shares outstanding. That total includes 75,860,370 common shares, 2,000,000 shares issuable upon exercise of warrants, and 15,247,586 shares issuable upon conversion of 46,505.13 shares of Series A Convertible Preferred Stock.
The amendment explains that it is being filed to reflect a reduction in reported beneficial ownership resulting from sales of common stock made by the reporting persons in open market transactions over the past 60 days, which are detailed in an attached schedule.
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Insights
Large shareholder group still controls about 51% of Redwire after selling shares.
The amendment shows that a coordinated group of AE Industrial Partners funds and related entities, together with Michael Robert Greene and David H. Rowe, continues to hold a majority position in Redwire Corp. They report beneficial ownership of 93,107,956 shares, or 51.0% of the company’s common stock, based on an assumed 182,398,369 shares outstanding as of the referenced dates.
That majority stake combines directly held common shares, 2,000,000 shares issuable from warrants, and 15,247,586 shares issuable upon conversion of 46,505.13 shares of Series A Convertible Preferred Stock at a stated initial conversion price of $3.05. Greene and Rowe exercise voting and dispositive power over these instruments through their roles with the various reporting entities.
The filing explicitly notes that this Amendment No. 11 reflects a reduction in beneficial ownership due to open market sales of common stock over the last sixty days, with individual trades listed in an attached schedule. While the group remains in a control position, future amendments or company filings would clarify any further changes in this majority holding.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the latest Schedule 13D/A disclose about Redwire Corp (RDW) ownership?
Who are the main reporting persons in this Redwire Corp (RDW) Schedule 13D/A Amendment No. 11?
How is the 51.0% beneficial ownership in Redwire Corp (RDW) calculated?
What securities besides common stock contribute to the reporting group’s stake in Redwire Corp (RDW)?
Why was Amendment No. 11 to the Redwire Corp (RDW) Schedule 13D filed?
Do Michael Robert Greene and David H. Rowe control voting power over Redwire Corp (RDW) shares?
What trading activity is disclosed for the Redwire Corp (RDW) reporting persons in this amendment?
AI-generated analysis. How Rhea-AI works. Not financial advice.