Redwire Corp (RDW) - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Redwire Corporation on September 17, 2025, reporting an event that occurred on September 15, 2025. The filing details a voluntary conversion of Series A Convertible Preferred Stock held by Bain Capital (BCC Aggregator L.P.) into common stock.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. The only quantitative data relates to capital structure changes:
- Preferred Stock Converted: 31,719.43 shares of Series A Convertible Preferred Stock.
- Common Stock Issued: 11,000,000 shares.
- Initial Conversion Price: $3.05 per share (set in Q4 2022).
- Post-Conversion Preferred Stock Outstanding: 71,702.95 shares.
- Post-Conversion Common Stock Outstanding: 155,188,092 shares.
Material Changes
The primary material change is the reduction of outstanding Series A Convertible Preferred Stock and a corresponding increase in outstanding common stock. This transaction was initiated voluntarily by the holder, Bain Capital, exercising their right to convert at any time.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies beyond the specific conversion event. No unusual items were reported.
Investor Verification Checklist
- Verify the updated total share count of 155,188,092 common shares outstanding.
- Confirm the remaining balance of 71,702.95 Series A Convertible Preferred shares.
- Review the impact of the 11 million new shares on earnings per share (EPS) and potential dilution in upcoming quarterly reports.
- Check for any subsequent filings regarding the remaining preferred stock conversion terms.