Article 6YYRT The first company to complete a fully successful lunar landing is going public

The first company to complete a fully successful lunar landing is going public

by
Stephen Clark
from Ars Technica - All content on (#6YYRT)

Firefly Aerospace seeks to raise more than $600 million through a public stock offering, an arrangement that would boost the company's market valuation to nearly $5.5 billion, according to a document filed with the SEC on Monday.

The launch of Firefly's Initial Public Offering (IPO) comes as the company works to build on a historic success in March, when Firefly's Blue Ghost lander touched down on the surface of the Moon. Firefly plans to sell 16.2 million shares of common stock, at a price of between $35 and $39 per share. Under those terms, Firefly could raise up to $631.8 million on the public market.

Firefly has applied to list its common stock on the NASDAQ Global Market under the ticker symbol "FLY."

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