Redwire Corp Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Redwire Corporation (RDW) on October 8, 2025, reporting an event that occurred on October 6, 2025. The filing details the voluntary conversion of Series A Convertible Preferred Stock held by Bain Capital into common stock.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. The primary financial data relates to capital structure changes:
- Preferred Stock Converted: 28,509.34 shares of Series A Convertible Preferred Stock.
- Common Stock Issued: 9,962,691 shares.
- Conversion Price: $3.05 per share (initial price set in Q4 2022).
- Post-Conversion Outstanding Preferred Stock: 43,193.61 shares.
- Post-Conversion Outstanding Common Stock: 165,150,782 shares.
Material Changes
The material change is the reduction of outstanding preferred equity and the corresponding increase in common equity. Bain Capital exercised its option to convert all remaining shares held by the entity, resulting in a dilution of existing common shareholders by approximately 9.96 million shares.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the mechanics of the conversion event. No unusual items were reported.
Investor Verification Checklist
- Verify the updated total share count and potential dilution impact on earnings per share (EPS).
- Confirm the remaining balance of Series A Convertible Preferred Stock (43,193.61 shares) and the identity of the remaining holders.
- Review the Company's cash position to ensure the conversion did not trigger any debt covenants related to equity issuance.
- Check for any subsequent filings regarding the remaining preferred stock conversion rights.